Thornburg's Kirby on Global Markets

The video discusses the Super Core CPI and its implications on inflation and the Fed's terminal rate. It highlights the differences between emerging and developed markets, emphasizing China's role in emerging market growth. Investment strategies are explored, with a focus on Yum China as a portfolio pick. The video concludes with the impact of dollar trends and the importance of diversification for US investors.

What is the main reason for the acceleration in emerging markets according to the first section?

• China's reopening after COVID lockdown

• Increased foreign investments

• Higher inflation rates

• Technological advancements

How do emerging markets compare to developed markets in terms of structural growth?

• Emerging markets have no structural growth

• Emerging markets have higher structural growth

• Emerging markets have similar structural growth

• Emerging markets have lower structural growth

What is one of the reasons Yum China is considered a good investment?

• It is a luxury brand

• It is a technology company

• It has a high dividend yield

• It benefits from cyclical and structural growth

What impact does the Fed nearing its terminal rate have on the dollar?

• It weakens the dollar

• It causes the dollar to fluctuate wildly

• It has no impact on the dollar

• It strengthens the dollar

Why might international diversification be beneficial for US investors?

• The US dollar is expected to strengthen

• Emerging markets have been underperforming

• Emerging markets offer better growth prospects

• US markets are expected to outperform