Russia (bbabo.net), - JPMoan Chase & Co strategist Mislav Matejka criticized the forecasts of falling markets. According to him, cited by Bloombe, such forecasts are fashionable, but erroneous.

"We think we should pay attention to the widespread 'slowdown' forecasts that are currently in vogue, but remain bullish on banks, mining, energy, insurance, auto, tourism and telecommunications," Matejku was quoted as saying.

As the analyst noted, over the past six months, "internal factors have again become more optimistic" - in contrast to all the "bearish" forecasts.

The Russian stock market on Monday, February 21, collapsed under the pressure of geopolitics. Falling on a difficult background and US stock indices - Dow Jones Industrial Average fell by almost 300 points, while the S&P 500 and Nasdaq lost 0.4% each.

bbabo.Net