Russian Equities Drag On Commodity Trouble

JPMorgan Chase & Co. (NYSE:JPM) has released a new report detailing its analysts opinions on the short term future of equities in emerging markets. The analysts opinions on the Russian equity market are particularly interesting, pointing to the resilience of the consumer economy in the country, while pointing to a depression in the price of the country's equities.

The MSCI Russia index has been in "no man's land" so far in 2013 according to the report. Russia's internal consumer economy has been performing well, however, led by good results from the supermarket giant Magnit OAO (MCX:MGNT). The company...