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Russia’s Economic Tailwind Hits a Bump. For Now.

Russia’s status as the latest darling of emerging market investors has hit a bump. Russian stocks, bonds, and the ruble have gotten pummeled ever since the United States levied a fresh round of sanctions on the country last Friday. U.S. officials cited several Russian aggressions as the reason for these additional sanctions, including election meddling, cyberattacks on U.S. infrastructure, a recent nerve-agent attack in the UK that left a former Russian spy and his daugher in critical condition, and military actions in Syria and Ukraine.
While Russia has weather...

 

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