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Video: JPMorgan Asset Management tells CNBC Russia is cheap; China real estate bottomed
JPMorgan Asset Management's Andres Garcia-Amaya says China's real estate market has hit a bottom and that Russia is his "biggest overweight." In this CNBC's Fast Money: Halftime Report, Garcia-Amaya notes that Russian markets are trading at a P/E of 4 1/2, lower than the market yield of 5%. "So either Russia's going bust, or there's a lot more upside and we think there's a lot more upside."