There Are Still Opportunities in EM, Says Oreana's CIO

The video discusses the challenges and opportunities in emerging markets, focusing on the impact of higher rates, a stronger US dollar, and higher oil prices. It highlights regional differences, particularly between Asia, LATAM, and Eastern Europe, emphasizing the importance of governance and central bank credibility. The video also explores investment opportunities, noting that while valuations have improved, potential recessions are not fully priced in. The Philippines is highlighted as a region of concern due to governance and economic challenges.

How does the speaker view the current valuations in the context of potential recession?

What is the outlook for the Philippines' economic growth according to the text?