With all the excitement in the U.S. markets this week, the crash in the Russian stock markets, and the subsequent suspension of trading Tuesday (The Financial Times: "Russia halts trading after 17% share price fall") didn't get as much attention as they might have otherwise. Now Forbes reports that the Russian stock markets are set to reopen tomorrow ("Inside Russians Stock Market Panic").
A couple of months ago, I mentioned an e-mail I received from friend who worked for a Moscow-based brokerage. I've sent him an e-mail to see what his thoughts are on the current situation there.
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