Can the China Rally Continue?

In this episode of "The Markets," host Chris Hussey interviews Stratford Dennis, head of emerging market equities, about the current state of emerging markets. The discussion focuses on China, including the trade war, economic growth, and the outlook for Chinese equities, with Dennis suggesting a potential 30% upside over two years due to policy support, valuations, and low ownership. The conversation then broadens to emerging markets ex-China, with a particular focus on Brazil, which Dennis favors due to anticipated interest rate cuts, an upcoming election, and light equity ownership. He also touches on Argentina as a high-risk market and concludes by identifying buying upside calls in Brazilian equities as his favorite trade, while also noting concerns about the lack of U.S. economic data due to the government shutdown.