Putin Hopes “There Will Be No Need To Nuke” The Islamic State
By Tyler Durden
Source: Zero Hedge
http://www.thetradingreport.com/2015/12 ... mic-state/
Direxion Daily Russia Bear 3X ETF (NYSEArca:RUSS).
As the name implies, this exchange-traded fund rises three times faster than the Russian market falls. It is up 14% though noon today alone, 26.3% for the week, and 65% for the month.
This ETF remains the best way for a retail investor to profit from a weakening Russian economy.
Russia’s economy is forecast to contract 1.5 percent this year
The equity market rebound in Russia may continue for the next four months, but both the economic and political situations remain negative
Russia relies on energy sales for about half its budget revenue
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