hot money

Foreign capital flowing into emerging markets can be dangerous, but it also has its benefits. Developing countries need to protect themselves against the risks while profiting from the dangers. But how? Here are three things they need to do.

For those with some extra cash, here's a nice way to trade on Hot Money. As I posted over the weekend, Hot Money -- also known as brokered deposits -- are deposits that pay an interest rate that is 20 percent higher than the industry average. And banks that depend heavily on Hot Money take on much...