Reporting Glut

Tue, 2018/01/30 - 2:39pm | Your editor
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Today is proving another news-laden day and I will therefore again keep my comments to the world (pre-subscribers) to a minimum. I did not get another hot-stock tip from Russia today, but one of the stocks we own which has a non-resident oligarch among its owners did get listed by the US Administration on its Ukraine sanctions list. However, oligarch Oleg Deripaska has nothing to fear so far as the sanctions list is not being used to impose US sanctions on the Putin crowd. If you wonder what the Russians gained from their intervention in the US election, you know now.

After the market drop yesterday I wondered if it had been a one-off. However, after another plop today I think we are in for a correction.

 

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