Bullish Outlook on South African Rand

The video features Luis Costa discussing the performance of emerging markets, particularly the South African Rand, in the context of a soft dollar cycle. He highlights the impact of political changes in South Africa on financial markets and the broader yield story in global markets. The discussion covers the dynamics of EM outperformance, the influence of lower energy prices, and the potential for economic reform in South Africa. Additionally, the video explores the global yield environment and its implications for EM investments.

Discuss the relationship between low inflation and the performance of South African assets.

What are the implications of the yield story for emerging markets as mentioned in the text?