EM Valuations Look Very Cheap, Pimco's Rahman Says

The video discusses the impact of global central bank policies, particularly the Fed's pause, on emerging market credit opportunities. It highlights the positive environment for emerging markets due to stable China-U.S. trade relations and cheap valuations. However, it also notes the heterogeneity among emerging markets, emphasizing the need to identify potential losers, such as those with large dollar financing needs and fragile policy frameworks, like Turkey.

What is the current stance of central banks regarding interest rates?

How does the resolution of China-U.S. trade deals affect emerging markets?

What factors should be considered when identifying potential winners among emerging markets?

What characteristics define the losers in the emerging markets context?

What are the vulnerabilities of countries like Turkey in the current economic environment?