Mobius: Going to See a Move Into EM Bonds

The video discusses the potential for a currency war between the US and China, highlighting the complexities of currency control and the global role of the US dollar. It explores market conditions, focusing on low interest rates and the impact of cryptocurrencies on liquidity. The discussion shifts to the comparison between emerging and developed markets, noting the growth potential of emerging markets and the risks of crowded trades. Finally, it addresses the politicization of trade, particularly in emerging markets like Vietnam, and the implications for financial flows.

What role do interest rates play in the performance of emerging markets?

What are the implications of cryptocurrencies on global liquidity?

How might the politicization of trade affect emerging markets?