Emerging markets including Indonesia, Korea, Colombia, and Chile show the most attractive combination of low correlation to global markets (highest anti-correlation), cheap valuations on P/E ratios, structurally undervalued currencies, and balanced current accounts, making them candidates for diversification.

factualpending

Speaker

Simon White

Evidence Quote

Indonesia and China...Korea and Latin American countries...have much cheaper valuations...currencies are very cheap...countries that are fairly balanced overall...Indonesia and Latin American countries like Chile and Colombia [41:38]

Source

MacroVoices #475 Simon White: The Dawn of A New Financial OrderMacro Voices
Created: 8/11/2026, 7:06:30 AM

My Notes

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