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To: TigerLikesRooster

I think this has a large effect on US stock markets and is one reason why I believe that US markets are vastly less vulnerable to a correction of any significant size than most people think.

US markets are simply the world’s money toilet at this point. If you were a Russian and saw these serial 5-7% devaluations, and could all at once extract your money from Russia *and* transform it into USDs (thus removing it from the threat of Ruble devaluation) *and* get dividend paying stocks *and* get the best management in the world, why would you fear a 10% US market correction, all of which in recent memory have corrected themselves within weeks?


4 posted on 12/29/2014 6:03:43 AM PST by Attention Surplus Disorder (At no time was the Obama administration aware of what the Obama administration was doing)
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To: Attention Surplus Disorder

It’s a function of GDP. Oil exports count for about 40% of GDP for Russia. In the US it’s less than 1%. The US economy is more diverse. Russia has all its eggs in one basket.

CC


6 posted on 12/29/2014 6:47:16 AM PST by Celtic Conservative (Tagline Constructon zone- low humor ahead)
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To: Attention Surplus Disorder

Yes, and to add to your analysis, the dividends they’d be getting would be buying them a far greater number of rubles every quarter.


8 posted on 12/29/2014 9:35:22 AM PST by MSF BU (Support the troops: Join Them.)
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