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Roasted Turkey: Lira, Stocks Dive As Erdogan Considers Calling Early “Elections”
Among the many market-related geopolitical stories playing out in the background this week, you'll find Turkey and the case of the beleaguered lira (more here), which plunged to an all-time low earlier this month amid concerns that Erdogan's desire to keep juicing the economy is going to make it well nigh impossible for the central bank to get ahold of inflation and put the brakes on the FX spiral.
Obviously, Erdogan has a history of this - he's the self-declared "enemy of interest rates" and a
