Buy Emerging Markets Now, Says Ashmore Dehn

The video discusses Turkey's unique economic challenges, highlighting its self-inflicted issues and the President's unconventional views on interest rates. It contrasts Turkey's situation with other emerging markets, noting investment opportunities in countries like the Philippines. The discussion covers current market valuations, emphasizing the attractiveness of local currency bonds. The video concludes with an outlook on future economic conditions, predicting a potential recession in Turkey due to its prolonged loose monetary policy, while highlighting positive real yields in the broader emerging market space.

Discuss the potential for recovery in emerging markets as indicated in the text.

What are the implications of higher interest rates on Turkey's economy?