RTS down 15%, halted trading, opened up, drop another 5% halted again. Fundamentals are still strong even with 90$/barrel, how much more can it drop before fundamentals prevail?
From general point of veiw in last time investors will take their money from stock markets. Dropping oil and holding fixed income, debt instruments would speed up this process.Smart us solution to pump $$ directly to us market so called is temporary support us market but don't think it will work long. It looks the problem of financial stability might be directed on liquidatition of $$s support. If other country including Russia open pump to support markets it will be helpfull for some time but the global system will falls sooner?
As of today primary countries decided to add money to the markets. It looks that the next trouble in weeks or months would be increasing basic prices: energy, foods ... .