What Are Black Friday’s Biggest Markets Discounts?

The video discusses the investment grade credit market, highlighting its relative affordability. It examines quality spread markets, including BTPS and Asian markets, noting wide spreads and potential for positive news to trigger rallies. The discussion also covers market scenarios, bargains, and the valuation of emerging markets, emphasizing the lack of catalysts for upside potential.

What does the teacher mention about the valuation of parts of EM?

What is the teacher's concern regarding the catalyst for upside in the market?