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Strategies & Market Trends : Investment in Russia and Eastern Europe -- Ignore unavailable to you. Want to Upgrade?


To: Paul Berliner who wrote (1016)5/12/1999 11:55:00 PM
From: Real Man  Read Replies (1) | Respond to of 1301
 
Yeltsin has publicly (on TV) demonstrated that Primakov was out ot
favor, before the sacking, so this was expected. Yeltsin just removes
those who gain too much power (in his opinion). This is nuts. I agree
about political circus, but the shares are still very cheap, and
it's unlikely that Yeltsin will be there much longer, he
won't get reelected. The question is, who will? I think an extremely bad
president (communist or the like) is still a possibility, even
though he won't be supported by BB & others.

I still think that US stock market will collapse. Bonds vs
stocks are still diverging, leading to a possible 87-like crash.