BlackRock's Thiel Says Emerging Markets Continue to Be Positive Area

The video discusses the positive performance of emerging markets in both hard and local currencies, highlighting strong returns driven by investment grade assets and market dynamics. It explores the role of FX, particularly the weaker dollar, and its potential impact on future returns. The discussion includes factors contributing to recent dollar weakness, such as US-China trade relations and monetary policy. Additionally, the video examines the diminished probability of a hard Brexit and its effect on European currencies, contributing to a stable dollar environment.

What are the returns in hard currency and local markets mentioned in the text?

What factors are driving the returns in hard currency according to the text?

How does the text describe the current state of the dollar in relation to emerging markets?

What impact does the mood around US-China trade relations have on the dollar according to the text?

What is the significance of Brexit on European currencies as mentioned in the text?