Do Emerging Market Bonds Risk Contagion Effect?

The video discusses the challenges facing emerging markets, including the freefall of Venezuelan and Russian bonds, and compares the situation to the 1998 financial crisis. It highlights the role of central banks and their increased foreign currency reserves. The focus then shifts to the Federal Reserve's upcoming decisions and their potential impact on emerging markets. The video concludes with concerns about market volatility and the Fed's awareness of these issues.

What potential actions of the Fed are causing concern for emerging markets?

What is the general sentiment regarding the Fed's understanding of market volatility?