Situation in EM Going From Bad to Worse, Says AMP Capital's Naeimi

The transcript discusses market uncertainty and strategies for managing cash positions amid global growth concerns. It highlights the shift towards defensive strategies, including short positions in equities and currency adjustments. The impact of upcoming midterms on market risks is analyzed, with a focus on potential opportunities emerging from current market conditions.

What risks are associated with the upcoming midterms according to the speaker?

In what ways does the speaker suggest that opportunities may arise despite current challenges?