Where's the Value in Emerging Market Stocks?

The video discusses Turkey's economic challenges, including the potential need for higher interest rates or capital controls, and the unlikelihood of foreign bailouts. It explores investment opportunities in emerging markets, highlighting low PE ratios and risks in FX. The discussion also covers safe havens like the Japanese yen and the impact of US dollar strength on gold and other currencies.

What is one of the main reasons foreign countries are unlikely to bail out Turkey?

• Foreign countries have their own issues.

• Turkey has a strong economy.

• Turkey has no corporate sector problems.

• The Central Bank of Turkey is very stable.

What is a key factor making emerging market stocks attractive according to the discussion?

• High price-to-earnings ratios

• Strong currency performance

• Low price-to-earnings ratios

• Stable political environment

Which country is mentioned as having a credible central bank and a current account surplus?

• Russia

• Turkey

• South Africa

• Brazil

Why is the Japanese yen considered undervalued during the crisis?

• Due to its strong link with gold

• Because it is not affected by the US dollar

• Due to its high interest rates

• Because of the Japanese Central Bank's influence

What is the relationship between gold and the US dollar as discussed?

• Gold is unaffected by the US dollar.

• Gold's value is inversely related to the US dollar.

• Gold is a better safe haven than the US dollar.

• Gold's value is linked to the US dollar.