Making the Case for a Rotation to Emerging Markets

The video discusses the performance of emerging markets (EM) since the US election, highlighting a 9% underperformance compared to developed markets. It explores the impact of a weakening dollar on EM, suggesting that a weak dollar typically benefits EM by attracting yield-seeking investments. The video also provides insights into specific countries like Turkey, noting geopolitical challenges and economic prospects. Finally, it examines the correlation between treasury yields and EM, emphasizing the importance of macroeconomic factors in shaping market outlooks.

What is the relationship between treasury yields and the broader market for emerging markets?

What assumptions are critical for the outlook on emerging markets as discussed in the text?