Without a Fed Hiccup, EM Rally May Continue Through 2019, Says Lombard Odier's Lee

The video discusses the impact of a weaker U.S. dollar on emerging markets, highlighting the potential for a multi-year outperformance if the Fed avoids major policy mistakes. It also examines the bond markets in Korea and China, suggesting possible interest rate cuts. The video further explores market reactions to the Fed's dovish language and the risks associated with its communication framework, particularly the dot plots. Despite these risks, the outlook for emerging markets remains positive, especially with potential improvements in U.S.-China trade relations.

What factors are contributing to the expected performance of emerging markets this year?

How has the U.S. dollar's weakness impacted emerging markets according to the text?

What role do central banks in Asia play in relation to U.S. monetary policy?

What are the potential risks mentioned regarding the Fed's communication and policy?

What expectations are there for U.S.-China trade relations and their impact on markets?