Share this page with your friends:

Print

Please note: The Frank Talk articles listed below contain historical material. The data provided was current at the time of publication. For current information regarding any of the funds mentioned in these presentations, please visit the appropriate fund performance page.

Will Russia Win Financially in the World Cup?

July 3, 2018

Russia has spent an estimated $14 billion to host the 2018 World Cup. After recently hosting the 2014 Winter Olympics, it begs the question: are there any long-term economic benefits for the host nation of a major sports tournament? Frank Holmes explains that Russia should expect to see growing travel demand and passenger flow through its airports. However, regardless of the increased exposure from the World Cup, the Russian economy has been in an upward trend after emerging from a two-year recession.

For Frank’s full explanation, watch the video below!

Frank Talk Live features U.S. Global Investors’ CEO and Chief Investment Officer Frank Holmes as he dives into a new investment topic, from gold mining and global resources to digital currencies and emerging markets. Tune in weekly for updates on these key financial markets.

Want more market insights from Frank Holmes? Subscribe to his award-winning CEO blog Frank Talk by clicking here.

 

All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor.

The S&P 500 Stock Index is a widely recognized capitalization-weighted index of 500 common stock prices in U.S. companies.

The MOEX Russia Index is the main ruble-denominated benchmark of the Russian stock market.

Net Asset Value
as of 11/12/2018

Global Resources Fund PSPFX $4.82 -0.07 Gold and Precious Metals Fund USERX $6.39 -0.16 World Precious Minerals Fund UNWPX $3.16 -0.10 China Region Fund USCOX $7.98 -0.09 Emerging Europe Fund EUROX $6.19 -0.09 All American Equity Fund GBTFX $25.01 -0.28 Holmes Macro Trends Fund MEGAX $18.44 -0.25 Near-Term Tax Free Fund NEARX $2.19 No Change U.S. Government Securities Ultra-Short Bond Fund UGSDX $2.00 No Change