EM Currencies Could Go Down 2% to Up 2%

The video tutorial explores four primary asset classes: equities, dollar credit, local currency rates, and EM currencies. It discusses the expected performance of EM currencies and equities, highlighting potential returns and volatility. The focus shifts to debt and domestic-oriented stocks, emphasizing the impact of emerging markets. The analysis covers EM rates and credit, noting significant rate cuts and their implications. Finally, the tutorial examines EM dollar credit and treasury yields, providing insights into expected returns and market conditions.

What is the target return for EM local rates as mentioned in the text?

What factors are influencing the expected performance of EM dollar credit?