Episode Details
| Title | How the Dollar Will Be Gradually Eroded by Emerging Market Currencies | Eric Fine & Natalia Gurushina (VanEck Fireside Chat) |
|---|---|
| Date | 8/22/2024 |
| Podcast | Forward Guidance ↗ |
Key Insights
Bullish:
- 🟢 $Poland and Hungary - Eric highlights the benefits Poland and Hungary are experiencing due to investment, energy transformation, and remilitarization efforts.
- “I'll pick Poland and Hungary, for, the center of gravity in Europe has moved to Poland. And the external accounts of Poland are very much benefiting from a lot of this support, and also seeing a pretty serious energy transformation. So they're the real winners, both from, investment and also from, in Poland's case, from sort of remilitarization, efforts. Hungary also benefits because it's not really spending that much.” - Eric (0:00)
- 🟢 $Mexico and Brazil - 🔒
- 🟢 $Duration - 🔒
- 🟢 $Zambia - 🔒
- 🟢 $South Africa - 🔒
- 🟢 $India - 🔒
- 🟢 $Chinese corporate bonds - 🔒
- 🟢 $Gold - 🔒
Bearish:
- 🔻 $Egypt - 🔒
- 🔻 $Germany - 🔒