Rally Fades for Emerging Markets

The video discusses the strong performance of emerging market assets, highlighting a 17% rise in the MSSI emerging market index compared to an 8% rise in developed markets. It emphasizes the enthusiasm for emerging market bonds, particularly in Turkey and Russia, despite geopolitical risks. Concerns are raised about indiscriminate investment in these markets, with warnings from experts like Blackrock's head of emerging market corporate debt. The discussion also touches on the potential impact of US economic indicators and Fed rate decisions on emerging markets.

What was the percentage increase in the MSCI Emerging Market Index year to date?

• 10%

• 8%

• 17%

• 25%

Which country's local currency debt saw significant inflows despite political instability?

• Brazil

• India

• Turkey

• South Africa

What is the main concern about the current investment trend in emerging markets?

• High inflation rates

• Indiscriminate investment ignoring risks

• Lack of investor interest

• Decreasing bond yields

Who warned about the potential end of indiscriminate buying in emerging markets?

• CEO of Goldman Sachs

• Federal Reserve Chair

• IMF Managing Director

• Blackrock's head of emerging market corporate debt

What might the Fed's decision not to hike rates indicate about the US economy?

• High employment levels

• Stable inflation rates

• Concerns about economic prospects

• Strong economic growth