BlackRock iShares Lowered EM Stocks From 'Overweight' to 'Neutral'

The transcript discusses the surprise at China's retaliatory actions, including currency depreciation and halting agricultural purchases. It examines the implications of these actions on market volatility and portfolio strategies, emphasizing the need for resilience. The discussion also covers the pressure on emerging markets compared to developed markets, leading to a shift in investment focus.

How did the speaker rate the Chinese response to trade tensions on a scale of 1 to 10?

• 5

• 7

• 10

• 9

What is the PBOC's main concern regarding the yuan?

• Targeting a specific level

• Controlling volatility

• Reducing foreign investments

• Increasing its value

What action has the PBOC taken to manage the yuan's stability?

• Encouraged speculation

• Advised firms not to seek profit from speculation

• Increased interest rates

• Decreased foreign reserves

Which market did the speaker suggest moving away from due to trade tensions?

• Developed market equities

• Emerging market equities

• European government bonds

• US government bonds

What type of bonds does the speaker suggest focusing on for portfolio resilience?

• Inflation-linked bonds

• Corporate bonds

• High-yield bonds

• Municipal bonds