Brandywine's McIntyre Expects EM Bonds To Outperform

The video discusses the current economic outlook, focusing on the US jobs report, inflation, and the impact of the Delta variant. It analyzes real yields, the Fed's monetary policy, and investment strategies in a low yield environment. The discussion extends to opportunities in emerging markets, particularly Chinese bonds, and the role of dollar exposure as a hedge against global growth risks. Finally, it examines the influence of central banks, like the PBOC and Fed, on the global economy and asset markets.

What are the potential risks associated with the current economic policies in China?

What role does the US dollar play in the context of global economic growth?

How do the policies of central banks like the Fed and PBOC affect global asset markets?