Russia has already liquidated $100 billion of U.S. Treasuries ahead of potential Western sanctions due to Crimea chaos and has warned it will pass a bill to freeze the assets of European and American companies that operate in Russia. Belus Capital Advisors’ Brian Sozzi thinks over the next couple of weeks investors will hear more talk about the next Cold War, especially surrounding Nike’s factory stores and the 2014 Ice Hockey Championship, and Yum! Brands’ successful Russian KFC restaurants.
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