Por qué mercados emergentes prosperan con indicadores fundamentales

The video discusses the outlook for emerging markets in 2018, focusing on fixed income assets and currency preferences. It highlights the potential impact of US interest rate changes and the flattening yield curve on these markets. The discussion also covers investment opportunities in Russia, despite sanctions, due to its high real yields and growth prospects.

What is the main reason for the attractiveness of emerging markets in the first half of 2018?

• Positive fundamentals and risk backdrop

• Strong US dollar

• Decreasing interest rates

• High inflation rates

Why is there a preference for local currency bonds over dollar-denominated bonds in emerging markets?

• Lower risk in local markets

• Stronger performance in 2017 and attractive valuations

• Better liquidity in local markets

• Higher interest rates in local markets

What is the expected impact of US interest rate changes on emerging markets?

• Immediate positive impact

• Significant negative impact

• No impact at all

• Depends on the trajectory rather than the number of increases

Why is Russia considered a favorable investment across all asset classes?

• High foreign investment

• Strong political stability

• High real yields and growth potential despite sanctions

• Low inflation rates

What is the significance of the flattening yield curve for emerging markets?

• It indicates a recession is imminent

• It causes a decrease in bond prices

• It is not necessarily negative unless recession fears increase

• It leads to higher interest rates