Mashreq Capital's Kettlewell: EM Equities Most Sensitive To Tapering

The transcript discusses the current dissonance within the Federal Reserve regarding monetary policy, focusing on whether to prioritize tapering or rate hikes. It highlights differing opinions among Fed members like Williams, Powell, Bostic, Kaplan, and Bullard. The discussion suggests that the Fed is unlikely to implement both tapering and rate hikes in the same year, predicting tapering in the next year and possibly one rate hike in 2023. Despite the current confusion, the expectation is that the Fed will remain accommodative.

What are the potential consequences mentioned by the speaker regarding the $1.4 trillion focus?

How does the speaker describe the current state of communication within the Federal Reserve?

What are the differing opinions within the Federal Reserve regarding tapering and rate hikes?

What does the speaker suggest about the likelihood of the Fed implementing both tapering and rate hikes in the same year?

What is the speaker's perspective on the future actions of the Federal Reserve regarding accommodation?