'We Like EM Assets Now,' Says BlackRock's Mateos y Lago

The video discusses the impact of negative interest rates in Europe, particularly focusing on German bonds and the need for monetary stimulus. It highlights the role of fiscal policy in countries with different economic conditions. The discussion then shifts to emerging markets, emphasizing the positive outlook due to a dovish Fed and China's stimulus efforts. The video also touches on Turkey's recession and the broader global macroeconomic context.

What is one of the main reasons for implementing negative interest rates in Europe?

• To provide monetary stimulus

• To increase domestic savings

• To reduce inflation

• To encourage foreign investment

What could potentially lift Europe's growth prospects according to the video?

• A decrease in fiscal stimulus

• A turnaround in Chinese growth

• An increase in domestic savings

• A rise in short-term interest rates

What is the current stance of the Federal Reserve that benefits emerging markets?

• Tightening of monetary policy

• A dovish or paused stance

• Aggressive rate hikes

• Increased quantitative easing

Why is Turkey's recession not considered a surprise?

• They received help from the IMF

• They had a large economic adjustment

• They reduced their fiscal deficit

• They increased their interest rates

What is the general outlook for emerging market assets according to the video?

• Positive with a preference for equities

• Negative due to high risks

• Neutral with no clear preference

• Negative due to currency volatility