Bhatia de Neuberger Berman: Expansión de ME sigue fuerte

The video discusses the recent challenges in emerging markets (EM), driven by factors like the strengthening dollar, election concerns, and rising US rates. Despite these challenges, growth in EM remains strong, and the video suggests being a buyer rather than a seller of EM securities. The discussion also covers Argentina's century bond and the impact of low interest rates globally, which have led to yield-seeking behavior. The video concludes with a focus on currency-specific risks in EM, highlighting opportunities in Mexico and caution in central Europe.

What are the main factors contributing to the recent challenges in emerging markets?

• Decreasing interest rates, political stability, and strong exports

• High inflation, low unemployment, and strong currency

• Weakening dollar, stable US rates, and strong economic growth

• Strengthening dollar, election concerns, and rising US rates

What has been a fundamental driver of volatility in emerging markets?

• Political instability

• High inflation rates

• Strong economic growth

• Low interest rate environment

How has the low interest rate environment affected global financial behavior?

• Reduced investments

• Increased savings

• Yield-seeking behavior

• Decreased borrowing

Which currency is mentioned as having a sharp move against the US dollar?

• Brazilian real

• Mexican peso

• Russian ruble

• Indian rupee

What is the speaker's stance on taking local risk in certain currencies?

• Be cautious and avoid local risk

• Avoid all local risks

• Prefer local risk in some currencies

• Take local risk in all currencies