Emerging Markets Maintain Losses

The video discusses recent economic developments in Argentina and Turkey, highlighting market reactions and investor sentiments. Argentina's market is under scrutiny following Labor Day, with potential IMF assistance in focus. Turkey's central bank plans to stabilize the lira amid poor CPI figures, but investor uncertainty remains. The video also explores risks in emerging markets, including Brazil, Russia, and South Africa, against the backdrop of rising US rates. Russia's economic health is examined, noting its strong reserves and the impact of potential sanctions.

What impact do US rates have on emerging markets according to the text?

What is the current state of Russia's economy as described in the text?