The story of one Insider, Lukoil, Mark Mobius and how the stock market really works (continued)
In fact, yesterday's story is a perfect illustration of the market: first an unexpected event happens, the price changes sharply, and then everyone starts looking for the person who "surely knew everything in advance". Returning to Sir John Templeton and his remark about the bull market — the US is now at the optimism stage, although certain signs of euphoria are already clearly visible around AI and the IPOs related to it. The Russian market, meanwhile, is in an almost mirror-image situation. Finding euphoria around IPOs here is rather difficult right now 😎 The key rate is 14%, money is expensive, and meanwhile an investor can get a double-digit yield