Global Nominal GDP Looks Intact Despite EM, Says Pimco's Crescenzi

The video discusses the current economic landscape, focusing on the Federal Reserve's interest rate policies and their potential impact on emerging markets. It highlights that while political issues in countries like Turkey, Brazil, and Mexico are significant, they are not directly influencing the Fed's rate decisions. The global growth rate is projected to remain stable, driven by China, despite stress in emerging markets. This growth could lead to gains in equities, with the IMF projecting a nominal global GDP increase.

What did Ben Bernanke say about the impact of emerging markets on Fed policy?

What factors does the speaker believe are influencing the stress in emerging markets?

How does the speaker describe the current state of global growth?

What is the projected global nominal GDP figure for next year according to the speaker?

What does the speaker suggest about the relationship between global nominal GDP and equities?