Brandes Investment Partners: Taper Tantrum Less of a Risk for EM

The video discusses market conditions, focusing on bond yields and risk assets in fragile economies. It analyzes the shift from commodities to interest rate-sensitive sectors and highlights emerging market trends in China, Southeast Asia, and Mexico. The impact of inflation and supply chain issues is explored, with a focus on the Chinese market's health care sector. The education industry in China is evaluated, emphasizing higher education over after-school tutoring.

What factors contribute to the current account deficits of the fragile five economies?

How do bond yields in riskier countries compare to those in the past?

What is the significance of the commodities rally for emerging markets?

What are the long-term structural factors affecting inflation in the Chinese market?

What is the outlook for the education industry in China, particularly regarding higher education and after-school tutoring?