Trade Is Now War, Kotok Says
Bloomberg Surveillance
00:00
The Problem With Contagion in Emerging Markets
The first thing about contagion is happen when you, you speak to it at the least. And this happens when investors start to pair different countries by sort of where the vulnerability lies and then you guys start to separate the winners and losers. I think that we have had a little bit of contagion before in emerging markets kind of when the dollar started to move higher in April and May,. We saw some contagion from Argentina to other countries. If anything, you could say that Turkey having a mind is on vulnerabilities.
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