This is the kind of wishful thinking that passes for analysis in the US.
The facts are that Putin's support is unchanged in the high 80% range, much higher than any Western leader enjoys, and the Russian economy under sanctions is contained and restructuring away from Dutch disease. Russia equities market has outperformed and Goldman has recommended Russian bonds and currency as bargains.
Oh, and Martin Hutchinson thinks that the Russian bear is running out of munnie. I guess he missed that Russia is now floating the ruble, or maybe he doesn't realize what that implies.
Martin Hutchinson
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