Chandler Sees Ongoing EM Woes While Fed Still Tightening

The transcript discusses Argentina's economic strategy of taxing exports to reduce the budget deficit, which is seen as a non-viable long-term solution. It explores the impact of tariffs and taxes on economic cycles, particularly in emerging markets. The challenges faced by these markets due to the Federal Reserve's tightening cycle and global economic slowdown are highlighted. The discussion also covers the Fed's role in influencing global economic conditions and the potential risks of tightening policies during a slowdown.

What is the significance of the Federal Reserve's tightening cycle for emerging markets?

How do political issues in countries like Turkey and South Africa impact their economic stability?

What are the implications of raising interest rates in response to currency depreciation?