Russian Ruble Denominated Mortgage Holders Cry Foul Over Soaring Rates

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Russian foreign currency mortgage holders cry foul over soaring rates

The collapse of Russia’s rouble has triggered protests by people trapped in dollar-dominated mortgages. On Sunday, members of the Russian Foreign Currency Borrowers’ Community appeared among crowds in Moscow’s Red Square wearing t-shirts emblazoned with the phrase “Slave of foreign currency mortgage.” Police detained dozens of demonstrators who called on the government to act. “They will…

Greenlight Capital Full Q2 2021 Letter: Einhorn Thinks Inflation Is Here To Stay

EinhornDavid Einhorn's Greenlight Capital returned -2.9% in the second quarter of 2021 compared to 8.5% for the S&P 500. According to a copy of the fund's letter, which ValueWalk has reviewed, longs contributed 5.2% in the quarter while short positions detracted 4.6%. Q2 2021 hedge fund letters, conferences and more Macro positions detracted 3.3% from Read More


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