Mobius: We Are in Uncharted Territory

The video discusses the current trade tensions between the US and China, highlighting the critical nature of their relationship and the potential worsening of the situation due to the trade imbalance. It explores the impact on emerging markets, with specific examples like soybean exports and Argentina's challenges. The discussion shifts to the broader economic uncertainty caused by the US's shift from multilateral to bilateral agreements under Trump's administration, emphasizing the need for a focus on individual countries and companies to identify winners and losers in this uncharted economic landscape.

What challenges do you foresee for Argentina in the context of trade and agriculture?

How should fund managers approach the uncertainty in emerging markets due to trade tensions?