timwest

The Russian Stock Market (RSX etf) adjusted for the Ruble

327 1 8
The Russian Stock Market ( RSX             ) is off 75% since peaking in the summer, when adjusted for the Ruble's decline.

This is a massive vote by the world to adjust the value of Russian wealth as investors flee and run into other foreign currencies, stock markets and assets.

This is blood in the streets. This is what it looks like.

Tim 12:23 AM CST 12/15/2014 (Colorado time) 2:23AM EST
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Insane drop...Sadly, I can relate to that. I can't adjust Merv to the usdars rate here, otherwise I'd do it.
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