BlackRock's Cohen Says Rally in Emerging-Market Assets Has 'Further to Go'

The video discusses the recent rally in emerging markets, driven by trade talks and a weaker US dollar. It highlights the significant gains in Chinese stocks, fueled by stimulus measures, but warns of potential overbought conditions. The impact of US-China trade negotiations on global markets is examined, noting the risk of volatility but also the potential for a beneficial outcome. The US economic outlook is analyzed, considering the effects of past tax cuts and the search for yield in a slower global economy.

What has been a key driver of the recent rally in emerging markets?

• Increased interest rates

• Decline in global oil prices

• Strengthening US dollar

• Resolution of trade talks

What has contributed to the recent surge in Chinese stocks?

• Strengthening of the yuan

• Decrease in global demand

• Rising inflation rates

• Government stimulus measures

What is a potential risk associated with the ongoing trade negotiations between China and the US?

• Strengthening of the euro

• Decrease in global interest rates

• Geopolitical hype leading to market disappointment

• Increased global oil prices

How have central banks influenced market stability in recent times?

• By increasing interest rates

• By being more cautious

• By reducing trade barriers

• By strengthening the US dollar

What challenge does the US face in terms of its economic outlook?

• Strengthening of the euro

• Rising unemployment rates

• Increasing trade barriers

• Sustaining the impact of tax cuts

Which regions are investors considering for relative value away from the US?

• Middle East and North Africa

• Africa and South America

• Japan and Europe

• Australia and New Zealand

What was a notable feature of the US stock market in 2018?

• It experienced a major crash

• It was heavily influenced by European markets

• It showed significant divergence from other global markets

• It was the only market to decline