#ivykiaiekonomika via Slava Rabinovich Russia’s equity - TopicsExpress

#ivykiaiekonomika via Slava Rabinovich Russia’s equity markets may face a “Lehman moment” if the Ukraine conflict deteriorates further, according to Alexander Kantarovich, head of research for JPMorgan Chase & Co. (JPM) in Moscow. “With the significant deterioration in the Ukrainian situation, markets may treat this as a Lehman-style shock,” Kantarovich wrote in an e-mailed report today. “Revisiting the post-Lehman lows would imply downside of 50 percent from an index perspective.” bloomberg/news/2014-08-29/jpmorgan-sees-lehman-moment-if-ukraine-deteriorates.html

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