Russia: Beyond Oil and Sanctions

Featuring Chris Weafer

Chris Weafer is a top ranked investment strategist who has been living in Russia for 20 years. During that time the country’s economic fortunes have been intertwined with the boom bust cycles of oil, leading to dramatic volatility in asset prices and a rollercoaster ride for investors. A decline in the oil price and the imposition of sanctions have forced policy makers to adopt a policy of diversification to reduce their reliance on narrow interests at home and abroad. Chris believes that the Russian bear is now emerging into a brighter future of sustainable economic growth, in which the vagaries of the commodity markets will play an ever decreasing role in the country’s exciting economic future.

Published on
28 February, 2018
Topic
Commodities, Geopolitics, Oil
Duration
38 minutes
Asset class
Equities
Rating
26

Comments

  • RS

    Ronan S.

    1 6 2018 08:31

    0       0

    does anyone know how to get in touch with Chris?

  • GF

    George F.

    6 3 2018 14:47

    1       0

    A suggestion is he should give his opinion of etfs, mutual and closed end funds that are available to typical American investors. He should have done the same for other countries RealVison has significant investors in.

  • F

    Floyd .

    5 3 2018 23:51

    4       0

    While there were some very interesting facts I believe this opinion expressed by Mr. Weafer is far too optimistic. the risks are still very high with Putin and the country's Syrian involvement.

  • us

    ujjwal s.

    5 3 2018 01:17

    2       0

    My both investment in Sberbank and Gazprom have benefited me. As there seems to be twin benefit, appreciating Ruble and improving macro conditions.
    So I agree with Chris Weafer.

  • TR

    Theodore R.

    4 3 2018 09:18

    10       0

    This is the first comment ever for me (and i am a founding member as well). Most of the times, i read the comments of fellow subscribers. I just want to briefly touch on the point of 'actionable ideas'. I found Chris' video full of actionable ideas actually. It's just that these actionable ideas must be treated, in my humble view, as brain teasers, strong enough to make us roll up our sleeves and follow through with our own research and validation. I think Chris did a very good job presenting his Russia thesis and helped me see certain things in a different light. I would certainly agree though that filming dates are important, not publication dates. Thank you.

  • CW

    Chris W.

    3 3 2018 11:53

    23       0

    Thanks for the comments. It is always difficult to talk about the business and investment case for Russia because of the political backdrop. People have a definite view about Putin and his regime and they tend to be polar opposites. Those who dislike the regime translate that into a negative view of the economy and future prospects while those who support the regime are very critical of any negative or even cautionary statements about the economy. Over my 20 years living in Moscow I have always left political bias out of the equation. I don't mean that I ignore politics, far from it. Politics is a core part of the investment risk and economic story, but only if assessed pragmatically. And whatever else you may say about Putin, he is very pragmatic. Hence the shift towards the economy as a priority (and notwithstanding the electioneering comments at the State of the Nation address). Most international businesses have reported a strong return to profitability in dollar or euro terms in 2017 and Russian debt out-performed the global average last year. Equities lagged badly but have started this year strongly. It is the factors that drive these results (positive and negative) that are relevant for investors. In Russia, as in many emerging economies, politic is more often a distraction.

  • DY

    Dmytro Y.

    3 3 2018 09:10

    0       10

    As a Russian speaker i gave negative review to this video. It could’ve been put into 3-4 min short video. Overall weak. At times disilluioned and naive. One of weakest products on RVTV.

  • dj

    daniel j.

    3 3 2018 06:41

    0       7

    Dusko, totally agree, nothing actionable here. I cancelled my subscription du to this and I was here from 2014.

  • CD

    Charles D.

    2 3 2018 05:15

    8       4

    Yup...founding member here also...No more...they’ve just gotten greedy...sorry to see.

  • DS

    Dusko S.

    1 3 2018 10:32

    32       1

    I don't like the RV's new segmentation approach where all actionable content is moved away from basic subscription to "premium" content. It seems that basic subscribers get now only barely actionable content. I can understand that you're moving away from a "freemium" business model, but I subscribed to RV on a different premise. I will think long and hard about extending subscription.

  • NR

    Nelson R.

    1 3 2018 06:50

    4       5

    Not a fan of the new music, too upbeat sounds cheesy. The old track was better

  • MK

    Michael K.

    28 2 2018 19:07

    3       0

    Please post a transcript

  • RM

    Richard M.

    28 2 2018 15:54

    67       0

    **** RVTV ****, again, PLEASE post the date of the "recording" at the end of the show notes blurb so everyone can see. Thanks.