ENUARU
Independent Investment Analysis
RFC Capital Research
Capital & Markets
Analysis · Strategy · Perspective
Independent Investor & Analyst
RA

Ruslan Averin

Independent Investor & Analyst

Ruslan Averin is an independent investor and financial analyst focused on public markets, real estate, options strategy, and long-term capital allocation across emerging and frontier markets.

Approach

Ruslan Averin built his approach around a simple conviction: markets routinely confuse narrative risk with fundamental risk — punishing assets for broken stories rather than broken economics. His work centres on identifying that gap and sizing positions to exploit it with discipline.

Coverage

His analysis spans global equities, sovereign and corporate fixed income, and cross-border real estate, with particular depth in Eastern European and Ukrainian markets. He writes about capital allocation frameworks, the discipline of patient capital, and how to price risk when uncertainty is structural rather than temporary.

The Work

Ruslan Averin publishes independent research with no institutional mandate and no obligation to maintain anyone's confidence — an ongoing record of how he thinks about markets and money, not investment advice.

Areas of Focus
Emerging & frontier market capital allocation
Sovereign and corporate fixed income
Cross-border and Ukrainian real estate
Options as risk management
Patient capital and position sizing
Recent Analysis
Markets

Amazon's $42.4 Billion Cash Drain Overshadows Record Margin and 39% AWS Growth

Markets

Refining Outage, Not Crude, Drove Exxon and Chevron Past Q3 2026 Consensus

Real Estate

Kyiv Rents Slide to UAH 16,000 While the NBU Lifts Its Rate to 16.5%

Real Estate

Kyiv Warehouses: Stock Falls to 1.05 Million sq m as Rents Climb 8%

Markets

Ukraine at 16.5% While the Fed and ECB Freeze: Deposits, OVDP and the Hryvnia

Amazon Q3 2026 Preview: The AWS Bar, a $220 Billion Capex Bill and an Anthropic MarkKyiv's Autonomy Premium: Generators Buy Occupancy, Not a Higher Rent ChequeKyiv New Builds: 44.2 Months of Supply Against Just 180 September SalesHryvnia Under Pressure: Where Forecasters See the Dollar by End-2026 and End-2027Seoul's 7.57% Rout: Two Trading Halts and the Unwinding of the Memory TradeASML's Q3 2026 Print: Guidance Replaces Bookings as the Only Real SignalUkraine Fuel Prices: Diesel at UAH 98.68 Overtakes A-95 as Costs Jump 76% in a YearUkraine's 10% Inflation Erases the Deposit Margin Before the NBU's 29 October CallGameStop at $26.56: Half Portfolio, Half Retailer, One October DeadlineWells Fargo Q3 2026: Why $12.8 Billion of Net Interest Income Decides the StockVOO vs VTI in 2026: Why Fund Domicile Matters More Than the Index ChoiceThe Yen Fell Anyway: BoJ at 1.25% and the Spread That Still Sets the PriceUkraine's 16% Key Rate: Savings Become the Hryvnia's Main Line of DefenceTreasuries at 5.04%: The Risk-Free Rate Has Caught Up With the S&P 500Duration, Not Coupon: Why a 5.25% 30-Year Treasury Is a Trade, Not a HoldingKyiv Secondary Market 2026: Eight Steps of a Purchase and the Money That Leaks OutKyiv 2026: Where $70,000 Actually Earns More — Apartments, Pre-Sale, Retail or BondsKyiv New-Build Exit Tax: Why the 43.5% Margin Line Decides Assignment or ResaleOnlyFans Was Valued at $3.15 Billion — Half of What Was Discussed a Year EarlierCertara Fell 23.7% — Software Sold Into a Sector That Is CuttingUber Grew Bookings 24% and the Stock Fell 5.3%Debt at 122% of GDP: When the Ratio Tells You Less Than You ThinkAlphabet (GOOGL) Falls 6% on a Capex Raise: When Good News Gets SoldServiceNow — A Great Business Caught in the SaaS DowndraftNordic American Tankers — The Retail Suezmax Bet on Hormuz RatesH2O America (formerly SJW) — A Dividend King Hiding Behind a New TickerUkraine's Central Bank Held at 15% — Why the Hold Matters More Than a Cut Would Have — The Other Side of the TradePalantir (PLTR) Failed at the 200-Day Line — When a 144 P/E Meets a Bad ChartMoney Markets Still Pay Up to 4.01% — While Inflation Runs 4.2%. Read That TwiceSpaceX by the Numbers: $18.7B Revenue, 94x Sales — The Charts Behind the $1.75T Ask
Elsewhere
averin.com↗Investment Journal↗
Disclaimer

Content published by Ruslan Averin and RFC Capital Research is for informational purposes only and does not constitute investment advice.