prasad not do too badly on tuesday. i would say it is somewhere between —— france.n adjustment to the new normal. the new normal being interest rates rising in the us. credit becoming more expensive, which is especially bad for companies which have a high leverage. and the cheap money, the bond buying of the central banks, both in the us and in europe stopping. so we are getting off that drug called cheap money and low interest rates. acres people at this point are thinking about where to put their money, the pension fund managers, the big fund managers, if interest rates in the united states are going to go up more than we were thinking, maybe more than three times this year, maybe four, you will think about where to put your money, it won't necessarily be in emerging markets. it might be in the united states. it may be in the united states. it may be in the united states, it may be in europe, which is going gangbusters. what has been encouraging for emerging markets, we did not see that drain of capital. remember when they started, when they had ill fate of rate h