Emerging-Market Rout Not Going Away Any Time Soon, Boubouras Says

The video discusses the contagion effect in emerging markets, focusing on Turkey, Argentina, and South Africa. It highlights the impact of dollar strength on these markets, leading to current account deficits and funding gaps. Despite challenges, there are investment opportunities due to significant discounts in emerging markets compared to developed ones. The Federal Reserve's rate hikes and economic policies play a crucial role in these dynamics. Additionally, trade wars and tariffs are expected to affect future growth, potentially benefiting the Federal Reserve's strategy.

What role does the Federal Reserve play in the context of emerging markets as per the conversation?

In what ways do trade wars and tariffs affect future growth as discussed in the text?