How emerging markets became submerging markets in first half

Emerging markets have seen a brutal first half of the year, with stocks down almost 8 percent, swathes of currencies and bonds hit by a rampant dollar, and escalating trade tensions taking their toll.Argentina and Turkey have put the largest dents in portfolios as their currencies have fallen 30 percent and 17 percent respectively.MSCI's widely-tracked emerging market equities indexis down almost 8 percent this year, while global equities are flat year-to-date .