Should Standard Chartered Be Cautious Over EM?

The video discusses the risks and dynamics of investing in emerging markets, emphasizing the influence of Federal Reserve policies and China's economic slowdown. It highlights the volatility caused by hot money flows and the challenges faced by countries lacking structural reforms. The discussion also touches on the impact of China's overstated growth and its repercussions on global markets.

What is meant by 'hot money' in the context of emerging markets?

What factors contribute to the instability of emerging markets as discussed in the text?