History never repeats itself but often rhymes. Today marks the incursion of Russia into Ukraine. Market fell by 30%+ as of writing. Looking back, Crimea annexation only saw a fall of 16%. The event took place over 1 month. MOEX bottomed out after 3 - 4 weeks. Russia's invasion into Ukraine is seeing MOEX lower than COVID levels and nearing 2015 levels. May be attractive to allocate into Russia with more than 1 year time frame of investment.
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