How the Dollar Will Be Gradually Eroded by Emerging Market Currencies | Eric Fine & Natalia Gurushina (VanEck Fireside Chat)

Forward Guidance

This interview with Eric Fine & Natalia Gurushina delves into the potential of emerging markets, how they are affected by developed market weakness, and contrasting central bank strategies. We also discuss investing in China, emerging market reserve strategies, and de-dollarization. This interview is paid sponsorship on behalf of the VanEck corporation. Recorded on August 7, 2024.

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Timestamps:

(00:00) Introduction

(00:40) How Eric Got Interested In Emerging Markets

(03:38) Natalia's Introduction To Economics

(05:55) How Big Is The EM Bond Market?

(11:07) Why EM Bonds Have Outperformed

(14:40) Weakness From Developed Markets

(17:35) The Yen's Impact On EMs

(26:24) BOJ Vs Brazilian Central Bank

(29:16) Mexico's Fiscal Orthodoxy

(30:58) Benefits Of Floating Currencies

(34:32) Making Money In EM FX

(36:53) Signal For EMs To Cut Rates

(38:38) Role Of Hedge Funds In EM FX

(41:25) Diversification In EMs

(46:24) Sub-Saharan Africa

(51:48) Importance Of India

(59:40) Investing In China

(01:04:49) China's Growth Model

(01:17:10) Emerging Market Reserves

(01:25:01) De-Dollarization

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Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets