Emerging Money Daily Audio Call March 26 – On the call today I report live from the Engage conference in Detroit where one of the Fed governors has given fresh thoughts on how the Fed will deal with dollar strength.
We are diagnosing broader market volatility in the last three sessions as being rooted and large macro position unwinds and nothing new on Fed expectations.
Emerging markets should hold this range and we maintain a call that currencies will be the catalyst to any break out from here.
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