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Steen Jakobsen: Emerging Markets the "biggest opportunity in decades" and here's why

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In the global hunt for yields could Emerging Markets offer the riskiest and yet most rewarding opportunities? Saxo Bank’s Chief Economist Steen Jakobsen thinks so: “Emerging markets have been battered by a debt-induced perfect storm, a dizzy US dollar and crumbling commodities prices. But there is hope – and investment opportunities ­– even though the pretend-and-extend craziness of printing money persists.” In this video to accompany his latest Q4 Essential Trades outlook, Steen Jakobsen explains how and why he is seeing what he calls “the biggest opportunity in decades” in Emerging Markets. With valuations in all metrics offering potential healthy returns, subject to the drawn-out Federal Reserve rate hike decision making, Steen believes brave traders and investors are ready to “Embrace the volatility of the next few months as signs that the market and economies are healing not destructing. Reality has returned and so too, will emerging markets.”