Pimco's Kiesel Sees 'Select Value' in Emerging Markets

The video discusses the comparison between US high yield bonds and emerging markets, highlighting the impact of a strong dollar and Fed policies on emerging markets. It identifies potential opportunities in emerging markets, particularly in the energy and consumer sectors. The US housing market is analyzed, noting low inventories and affordability. Challenges in sectors like retail and transportation are discussed, with a focus on rising costs. The video concludes with an outlook on currency and interest rates, predicting changes in central bank policies.

What is the speaker's perspective on the US housing market recovery?

What challenges does the retail sector face according to the speaker?

What does the speaker suggest about the future of interest rates and their impact on emerging markets?