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Struggling Russians Turn To Day-Trading To Pay The Bills

 Struggling Russians Turn To Day-Trading To Pay The Bills

When Natalia Orlova isn’t working a $400-a-month job at a Moscow factory that makes Cold War-era space rockets, she’s glued to the trading app she uses to speculate on oil.

Slow Growth Long Term Reality For Russian Economy

Lately, the 54-year-old has made a small fortune as crude jumped to 3-1/2 year highs, some of those gains linked to America’s latest sanctions on Russia. Like tens of thousands of Russians, Orlova says day trading is the key to surviving economic gloom: she just bought a new Infiniti and is saving up for an apartment for her two grandsons…

To read more visit Bloomberg

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