Gun To Your Head, Which Do You Go Long: Mexican Peso Or Turkish Lira?

So in case you haven't noticed, both Mexico and Turkey are careening headlong towards currency crises. In Mexico's case, traders are of course concerned about the impact Donald Trump's trade policies will have on the economy. For more (and for a good laugh) see "Mexico To Buy Twitter?" In Turkey, President Recep Tayyip ErdoÄŸan has basically gone full-autocrat-retard in his quest to consolidate power and stamp out any semblance of dissent. He's also decided he's a rates strategist. Hencef

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3 thoughts on “Gun To Your Head, Which Do You Go Long: Mexican Peso Or Turkish Lira?”

Just buy the gun!

therealheisenberg

January 13, 2017 at 12:30 pms Reply

lol. nice

I agree with GS. Peso has less political risk because so much is already baked into the cake. The rumor has been sold, and they may be back to buy the news when reality comes to pass.

Turkey is a shit show, and political risk is off the charts, especially when it’s increasingly concentrated in one man.