Exploring Emerging Markets in a Low Rate World

The video discusses the performance of emerging markets over the past decade, highlighting their underperformance until recently. It examines the high market correlations and the differentiation within emerging markets, influenced by central bank policies and liquidity. Politics plays a significant role in driving country returns, with reforms in countries like Brazil, Peru, and Argentina leading to improved performance. Brazil's economic reforms are explored, noting that such reforms often occur when countries face crises, but tend to stop once the crisis is over, leading to future challenges.

What has been the general trend of emerging markets from 2011 until early this year?

• Volatile performance

• Consistent underperformance

• Consistent outperformance

• Stable performance

Which factor has recently played a significant role in the performance of emerging markets?

• Natural resources

• Technological advancements

• Global trade agreements

• Political changes

Which region has seen a resurgence due to political reforms?

• Europe

• Middle East

• Africa

• Latin America

What is a common pattern observed in emerging markets regarding reforms?

• Reforms happen when countries face economic crises

• Reforms are continuous and consistent

• Reforms occur only during economic booms

• Reforms are driven by technological advancements

What often happens to reforms once a country emerges from a crisis?

• Reforms are institutionalized

• Reforms stop and complacency sets in

• Reforms are maintained

• Reforms accelerate