While last year was marked by political and economic uncertainty across the world, Greece, Russia and Italy have been Europe’s top performing stock markets.
Some investors dismissed these markets as “too dangerous, too politically unstable, too reliant on commodities, too weak economically or a combination of all four,” Russ Mould, investment director at AJ Bell, a UK investment platform, said in a note to clients seen by CNBC.“But this just goes to show that buying what is comfortable is rarely the route to big profits,” he added.
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