I came across an interesting article called "Russia Will Roar in 2017" Article Link which makes some bold claims about Russia's future in 2017. Here are some key quotes according to the author regarding why this may be true:
More relevant to today, they know that Russia is an economic power that slow-growth and unemployment-addled Europe needs as a trading partner. Russians buy a ton of European goods, particularly from Germany, while Russian tourists spend billions annually on vacations and shopping in Greece, Spain, Italy, Germany, France and the U.K.Europeans and Russians want the sanctions gone, and they both know the only reason the sanctions still exist is because of American pressure to keep Russia boxed in economically.
My bet: Donald Trump calls for an end to sanctions on Russia before his first 100 days in office are over. Europe will eagerly and excitedly agree … and trade flows with Russia will ramp up quickly.
Those of us invested in Russia will win big as the Russian ruble trades higher against the dollar and as Russian stocks, now among the cheapest in the world, rebound.
We are now approaching that inflection point. If Trump does indeed call for the end of sanctions — and that seems all but assured — Russian stocks are going to have a blockbuster 2017.
Do you guys think that sanctions will be lifted as quickly as the author claims? If they are lifted will a rally match his predictions?
