Flight to Safety Amid Yield-Curve Panic: EM Insight

The video discusses the challenges facing emerging markets amid global economic risks, including a potential US recession and trade wars. It highlights the impact of yield curve inversion and the possibility of negative yields in emerging markets. Despite these challenges, there are opportunities for risk-adjusted returns, particularly in Eastern Europe, where investors seek refuge from low eurozone rates. The video emphasizes the importance of understanding risk and return dynamics in emerging markets.

How do micro havens within emerging markets differ from traditional safe havens?

What is the significance of risk-adjusted returns in the context of emerging markets?