We Should Be Worried About EM at Large, not Just Turkey, Says CCLA's Bevan

The video discusses the current state of financial markets, focusing on the lack of stress indicators like Libor and Ted spreads during the crisis in Turkey. It highlights concerns about emerging markets due to potential liquidity and credit squeezes as the Federal Reserve and Treasury adjust their policies. The discussion shifts to investment strategies, emphasizing selective investments in emerging markets, such as Taiwan Semiconductor and Brazilian utilities, while noting the undervaluation of emerging markets compared to the S&P.

What financial indicators were mentioned as not showing stress during the Turkey crisis?

• Libor and Ted spreads

• NASDAQ Composite

• S&P 500 Index

• Dow Jones Industrial Average

What is a major concern for emerging markets according to the discussion?

• Rising stock prices

• Increased support from the Federal Reserve

• Decreasing interest rates

• A squeeze on liquidity and credit

Which company is highlighted as a valuable investment despite being classified as an emerging market stock?

• Samsung

• Taiwan Semiconductor

• Apple

• Microsoft

Which sector in Brazil is mentioned as having potential investment opportunities?

• Technology

• Utilities

• Healthcare

• Real Estate

What is the record low valuation of emerging markets relative to the S&P mentioned in the discussion?

• PE 15.5

• PE 18.7

• PE 13.3

• PE 10.2