manus: that was sent and there's , speakingana botin exclusively with francine lacqua. not everybody has such faith in the latin markets. mohamed el-erian says it might be too soon for investors to reallocate away from u.s. stocks into e.m.. prices,: higher oil stronger dollar, slowing growth and tightening financial conditions are not a great cocktail for most emerging markets. in the short term, be careful. this is not yet the time front anti-divergence rate. it will come, but not here. our guest,d riley is chief investment strategist at bluebay asset management. if i look at the equity differential -- this is that on the g7e financial, currencies, based on the dollar. these gaps are still very wide. is it still too soon for you to jump into e.m.? are in the e.m., including in some of our multi-asset credit strategies, there isink that value, particularly in a dollar credit. there is certainly some value there if you are selective and discrete. prices broadly speaking, are actually a net positive for emerging markets. , is whereor investors the best one thing to think