E M Indices

E m indices are not weigh more growthy because these are stocks that have alt performed in the last decade. I didn't add us, listte china 80 rs, like ali baba, until the end of 20 15 and 20 16. Part of the run up, and then part of the melt down was arthugos. Hedge fund is levered up ten ax or whatever. Five of their ten names were us. And so they were in ten cent music, which went from like ten to 30,. But because of relative valuation, it affects the whole space. When they got liquidated, those names got sold out at 50 % where they had closed previously.