History never repeats itself but often rhymes.
Today marks the incursion of Russia into Ukraine.
Market fell by 30%+ as of writing.
Looking back, Crimea annexation only saw a fall of 16%. The event took place over 1 month.
MOEX bottomed out after 3 - 4 weeks.
Russia's invasion into Ukraine is seeing MOEX lower than COVID levels and nearing 2015 levels.
May be attractive to allocate into Russia with more than 1 year time frame of investment.
Today marks the incursion of Russia into Ukraine.
Market fell by 30%+ as of writing.
Looking back, Crimea annexation only saw a fall of 16%. The event took place over 1 month.
MOEX bottomed out after 3 - 4 weeks.
Russia's invasion into Ukraine is seeing MOEX lower than COVID levels and nearing 2015 levels.
May be attractive to allocate into Russia with more than 1 year time frame of investment.