timwest

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

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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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