Brazil Real Gains on Rousseff Impending Impeachment

The video discusses the Brazilian Real's performance as an emerging market currency, highlighting its high implied volatility and market uncertainty. It explores the concept of serendipity in trade ideas, focusing on unexpected opportunities in uncertain environments. The discussion includes thematic baskets designed to track global investment themes more accurately, emphasizing industries with pricing power and technological advantages.

What are the two elements to consider when analyzing the performance of emerging market currencies?

How does the implied volatility of the Brazilian real compare to its historical levels?

What does the term 'serendipity' refer to in the context of investment opportunities?

Discuss the impact of negative rates on equities as mentioned in the text.

What are thematic baskets and how do they relate to global investment themes?