Scott explains why we have downgraded emerging market local debt to neutral even as its valuation has cheapened.
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Scott Thiel, Managing Director, is Chief Fixed Income Strategist for BlackRock and a member of the BlackRock Investment Institute. He is responsible for developing and delivering thought leadership on asset allocation, including actionable global fixed income market views based on the insights of our investment community. Mr. Thiel represents BlackRock’s market views for fixed income to clients and in the media.