Take a look at the graph here. It shows the RTS Index from Russia. It has increased from 500 to almost 1500. Isn't it amazing? The Dow, for instance, has moved from 6500 to 10000. We might think Russia has a tight link to commodities. However none of the commodites have done so well.
Some people wanted to remove the "R" from BRIC's, but we guess is too soon to do that. BRIC's represent the world's future.
Have you thought of betting BRIC's against PIG's?
14/10/2009
