Gramercy's El-Erian, Koenigsberger on Fed, EM, China

The transcript discusses the Federal Reserve's monetary policy, focusing on asset purchasing and rate hikes. Mohammed criticizes the Fed's lack of clear signals, while Robert offers a more diplomatic view, highlighting the challenges faced by emerging markets. The conversation covers liquidity and credit risks, emphasizing the importance of strategic investment approaches. Geopolitical issues, such as tensions in Ukraine and China, are also considered for their market impact. The discussion concludes with strategic conviction calls and the importance of private credit in managing risks.

In what ways have emerging markets matured in their approach to monetary policy?

What lessons have been learned from past dislocations in emerging markets?

What are the implications of the changing liquidity paradigm for developed markets?

How do geopolitical issues like Ukraine and China affect investment strategies?