Emerging Markets Outperform Because They're Cheap, Says UBS's Volpon

The video discusses the outperformance of emerging markets, attributing it to their recovery from low valuations and strong growth fundamentals. It highlights Brazil's economic recovery from a severe recession, driven by political changes and reforms. The video also touches on the volatility in developed markets, particularly the United States, and the potential impact of Brazil's upcoming elections on its economic outlook.

What are the expectations for Brazil's economic growth in the current year?

Discuss the impact of the 2015 recession on Brazilian society and its desire for reform.