Por qué la negocación de mercados emergentes lentamente irá aumentando

The transcript discusses the current 'Goldilocks' economic conditions, characterized by good growth and moderate monetary policy, which have led to a strong EM rally. It highlights two main factors influencing EM performance: a weak dollar and China's economic stability. The discussion also covers geopolitical risks, such as tensions with North Korea and the US-Iran nuclear deal, and how markets often fail to price these risks until they materialize. Despite these tensions, the South Korean market has performed well, indicating a lack of global market concern.

What are the two main factors contributing to the outperformance of emerging markets?

• Low interest rates and European market growth

• Strong dollar and US economic growth

• Weak dollar and China's economic stability

• High inflation and tight monetary policy

What could potentially derail the emerging markets' performance in the short term?

• Increased oil prices

• A decline in Chinese economic growth

• A financial crisis in Europe

• A strong US dollar

Why is it challenging for markets to price in geopolitical risks?

• Geopolitical risks are always overestimated

• Markets are inherently stable and unaffected by politics

• Geopolitical events are unpredictable and often de-escalate

• Investors are not interested in geopolitical issues

How has the South Korean market performed despite tensions in the Korean Peninsula?

• It has outperformed and grown significantly

• It has remained stable with no growth

• It has been volatile with frequent ups and downs

• It has declined significantly

What is the impact of geopolitical tensions on global markets according to the transcript?

• They are often not priced in until they escalate

• They have no impact on market performance

• They lead to long-term market stability

• They cause immediate and severe market crashes