Should Investors Be Wary of Emerging Markets?

The video discusses the recent trends in emerging market (EM) currencies, highlighting their weakness in the context of a previous US dollar sell-off. It examines the Chinese currency's stability and the potential impact of a dollar rally. The Federal Reserve's rate hike expectations are analyzed, with predictions of slow and gradual increases. The video concludes with an outlook on emerging markets, noting potential growth surprises in regions like India and Eastern Europe, while Latin America, particularly Brazil, remains under pressure.

Which emerging markets are mentioned as having potential upside surprises?

What is the general outlook for Brazil's market according to the text?