Pimco Is 'Long Yen,' Browne Says

The video discusses the impact of trade tensions on markets, highlighting the cautious stance of investors due to uncertainties like potential tariffs and Brexit. It suggests being patient and defensive in market positioning, focusing on less cyclical, domestically oriented U.S. stocks. In the FX market, the yen is favored as a hedge, while the Asia complex faces pressure. Opportunities exist in emerging markets with high carry and attractive valuations.

What is the speaker's view on the Asia complex in relation to trade tensions?

Which emerging markets does the speaker identify as having opportunities despite current pressures?