Template-Type: ReDIF-Paper 1.0 Author-Name: Abramov Alexander Author-Name-First: Alexander Author-Name-Last: Abramov Author-Workplace-Name: RANEPA Author-Name: Chernova Maria Author-Name-First: Maria Author-Name-Last: Chernova Author-Workplace-Name: RANEPA Author-Name: Radygin Alexandr Author-Name-First: Alexandr Author-Name-Last: Radygin Author-Workplace-Name: Gaidar Institute for Economic Policy Title: The Russian Financial Market Abstract: In 2020, after the sudden financial shock in March caused by sales of risky assets by investors against the backdrop of the rising coronavirus pandemic, stock markets in many countries recovered faster than did the economic indicators. The traditional hypothesis that the value of financial assets depends more strongly on future investor expectations than on past events has been confirmed. Classification-JEL: G01, G12, G18, G21, G24, G28, G32, G33 Keywords: Russian economy, stock market, bond market, corporate bond market, derivatives market, private investors Creation-Date: 2021 Revision-Date: 2021 Length: 87 pages File-URL: https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2021-1119.pdf File-Format: application/pdf File-Function: Revised Version, 2021 Handle: RePEc:gai:ppaper:ppaper-2021-1119