FTAdviser Podcast is the weekly podcast brought to you by FTAdviser.com. In this week's episode, host David Thorpe is joined by Karen Ward, chief market strategist for Emea at JPMorgan Asset Management. She explains why the US-China trade war and the Federal Reserve's stance led to the sharp sell-off in the fourth quarter of 2018. Ms Ward also discusses why she thinks the market has become a little too optimistic in the outlook for the trade war. Finally, she talks about the prospects for emerging markets as an asset class in 2019.

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