Lira Set to Deliver High Returns, William Blair's Clarke Says

The video discusses macro strategies related to currency movements, focusing on the Turkish lira's volatility. It highlights the impact of the lira's fluctuations on other emerging currencies and the investment opportunities these present. The discussion includes the decision to buy the lira despite its depreciation and the potential for high returns due to its undervaluation and high interest rates.

What opportunities does the speaker see in the currency space despite the volatility?

What is the current interest rate associated with the Turkish lira, and why is it considered extraordinary?