Video Transcript
Year-to-Date Performance
Obviously, at the tail end of last year, all markets globally suffered. But in fact, emerging markets did quite well in that period. And then, through the beginning of this year, there's been quite a substantial rally in emerging markets, in particular for China (the MSCI China A Index returned 30.94% as of 3/29/2019).
I think one of the reasons has been that there's been a series of what I call blinking among central banks. The PBoC (People's Bank of China), has instituted a number of measures in terms of monetary