Users: Hunk of Junk: ADXY2.png

i just watch the bse sensex. Rupee depreciation has left the index in dollars 54% below its all time high in 2007 while the local index in rupees is off by 8% 6/10/13

I guess the point in putting that up there is simply to say there is distress in EM FX and EM equities and bonds as foreign money attempts to repatriate. Fires often start burning in EM and rapidly spread. We're going through a general repricing of risk across the globe and across asset classes. 6/11/13

moreover, things have got worse overnight and CDS's are also climbing on soverigns 6/11/13