How Will a Fed Rate Hike Impact Emerging Markets?

The video discusses the impact of interest rates and various factors on emerging markets, highlighting the role of the Mexican peso as a proxy for US elections. It explores investment strategies and risks in these markets, with a focus on Brazil's economic and political landscape. The discussion includes the influence of the Fed's actions and the search for yield by investors.

Discuss the political risks associated with investing in Brazil as mentioned in the text.

What is the significance of the SELIC rate in the context of Brazilian investments?