This podcast episode explores the impact of emerging market elections on global markets. With elections in 2024 set to affect billions of people, these elections will have a significant impact on market cap, credit spreads, and fiscal balances. The section discusses the profitability of trading negative election surprises and the implications of recent elections in Mexico, India, and South Africa. It also examines the behavior of credit spreads before and after elections, highlighting the importance of policy priorities and fiscal consolidation. The episode concludes by mentioning positive changes in the economic landscape and the importance of monitoring upcoming elections.
