Investment in Russia and Eastern Europe Message Board

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Strategies & Market Trends : Investment in Russia and Eastern Europe

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To: Paul Berliner who wrote (993)	4/26/1999 8:22:00 PM
From: Rob Shilling	of 1301

Paul, great post, are you just being sarcastic when you say you are still a bear ??? Those are great numbers in that article. Other emerging markets like Brazil would love to have those numbers. And, higher oil prices haven't even taken effect !!! Some of the key things I saw were that March 1999's industrial production is 7% higher than the 1998 average. Also, unemployment has already bottomed. Also, wage arrears seem to be less of a problem. Considering that most estimates I have seen for 1999 Russian GDP are 5-7%, 1% growth would be great! --Good IMF news may come out this week, we will see.

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