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Search Results for: Berat Albayrak

Markets Shocked – Shocked, I Tell You! – To Discover That When Erdogan Says Low Rates, Erdogan Means Low Rates

July 24, 2018July 24, 2018

Dear markets: Berat Albayrakc is not your cool son-in-law.

1 Comment on Markets Shocked – Shocked, I Tell You! – To Discover That When Erdogan Says Low Rates, Erdogan Means Low Rates

Turkey’s Lira Confronts Lose-Lose Reality In New Erdogan Term

June 7, 2023June 8, 2023

It’s back to lamenting the lira. When it became clear last month that Recep Tayyip

Leave a Comment on Turkey’s Lira Confronts Lose-Lose Reality In New Erdogan Term

In Turkey, An Autocrat Goes All-In

December 2, 2021December 3, 2021

After years spent living in denial, emerging market watchers finally came around to the reality

5 Comments on In Turkey, An Autocrat Goes All-In

Gullibility Knows No Bounds: Lira, Turkish Banks Stage Absurd Rally On Erdogan Promises

November 11, 2020

Turkey’s Recep Tayyip Erdogan is ready to take his medicine. Don’t believe me? Just ask

4 Comments on Gullibility Knows No Bounds: Lira, Turkish Banks Stage Absurd Rally On Erdogan Promises

Xanax For An Anxious World

November 8, 2020November 9, 2020

The new week dawned with most of the developed world breathing a collective sigh of

9 Comments on Xanax For An Anxious World

Erdogan Fires Another Central Bank Chief As Lira Falls For Eleventh Straight Week

November 6, 2020November 9, 2020

Turkey careened into one of its regularly scheduled currency crises last month, when a laundry

3 Comments on Erdogan Fires Another Central Bank Chief As Lira Falls For Eleventh Straight Week

Meanwhile, Turkey Careens Into Currency Crisis As Erdogan ‘Declares War’ On Citi, UBS, BNP

May 7, 2020

“…a hugely damaging move.”

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Meanwhile, In Turkey…

February 19, 2020

Rate cuts and plans for another cross-border incursion in Syria – this time against Assad’s forces.

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Meanwhile, In Turkey…

February 3, 2020February 3, 2020

Inflation jump drives real rates further into negative territory, while Erdogan “neutralizes” nearly three-dozen of Assad’s troops.

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‘Just As Independent As The Fed’: Erdogan’s Son-In-Law Jokes About Trump’s Control Over Central Bank

January 23, 2020January 23, 2020

This is yet another manifestation of Trump’s behavior normalizing autocratic regimes.

1 Comment on ‘Just As Independent As The Fed’: Erdogan’s Son-In-Law Jokes About Trump’s Control Over Central Bank

Turkey, Erdogan Set Collision Course With US Congress Over Russian Missiles

December 25, 2019December 25, 2019

“Such language would push Turkey exactly toward places that they don’t want it turn to”.

2 Comments on Turkey, Erdogan Set Collision Course With US Congress Over Russian Missiles

Trump, Mnuchin, Barr May Have Iced Halkbank Case At Behest Of Erdogan

November 25, 2019November 25, 2019

The Halkbank case seemingly went cold for five whole months…

3 Comments on Trump, Mnuchin, Barr May Have Iced Halkbank Case At Behest Of Erdogan

‘This Story Is So Incredible’: Erdogan Gets His S-400s As Turkey Dares Trump To Pull Sanctions Trigger

July 12, 2019

Trump effectively blessed this in Osaka.

2 Comments on ‘This Story Is So Incredible’: Erdogan Gets His S-400s As Turkey Dares Trump To Pull Sanctions Trigger

Plunging Lira, Deutsche Bank News, Japan-Korea Spat Make For Inauspicious Start To Crucial Week

July 7, 2019July 7, 2019

None of this sets a particularly upbeat tone.

3 Comments on Plunging Lira, Deutsche Bank News, Japan-Korea Spat Make For Inauspicious Start To Crucial Week

In Epically Brazen Move, Erdogan Ousts Central Bank Governor, Reminds Everyone Who Is In Charge

July 6, 2019July 6, 2019

“[I] don’t know why Erdogan does not just take the job himself”.

6 Comments on In Epically Brazen Move, Erdogan Ousts Central Bank Governor, Reminds Everyone Who Is In Charge

In Turkey: Meltdown.

March 27, 2019October 30, 2021

If you’re surprised, don’t be.

4 Comments on In Turkey: Meltdown.

As Turkey Sees First Recession In A Decade, Let’s Get You Up To Speed On All The Latest

March 11, 2019

Meanwhile, from the Erdogan chronicles…

8 Comments on As Turkey Sees First Recession In A Decade, Let’s Get You Up To Speed On All The Latest

Turkey Delivers Sizable Rate Hike Hours After Erdogan Calls For Rate Cut

September 13, 2018October 17, 2021

“If you are saying the opposite, you don’t know this business.”

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Turkey’s Sovereign Wealth Fund Needs Bold New Leadership And Erdogan Knows Just The Man For The Job…

September 12, 2018October 17, 2021

Guess who…

1 Comment on Turkey’s Sovereign Wealth Fund Needs Bold New Leadership And Erdogan Knows Just The Man For The Job…

Meanwhile, In Turkey …

August 29, 2018

“In case you were wondering whether the news is getting any better for Turkey, the answer is ‘no.'”

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Do Not Underestimate Donald Trump When It Comes To The Fed

August 21, 2018October 15, 2021

“You see what’s happening.”

5 Comments on Do Not Underestimate Donald Trump When It Comes To The Fed

There’s Only One Kind Of Umbrella For This Perfect Storm

August 17, 2018October 16, 2021

It’s raining, it’s pouring…

2 Comments on There’s Only One Kind Of Umbrella For This Perfect Storm

Turkey Was Ready To Release Pastor Brunson Last Week And Then…

August 17, 2018August 17, 2018

“We told them that at least we have to see some goodwill.”

1 Comment on Turkey Was Ready To Release Pastor Brunson Last Week And Then…

Mnuchin Set To Slap Turkey With New Sanctions As Erdogan ‘Turns Out Not To Be A Great Friend’ 😡

August 16, 2018August 16, 2018

Just when you thought it was safe to jump back into the lira.

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Argentina Races Thunderstorm With Monday Panic Hike

August 13, 2018August 13, 2018

“They had to do something”.

2 Comments on Argentina Races Thunderstorm With Monday Panic Hike

With Lira Now More Volatile Than Bitcoin, Here Are Turkey’s Options For ‘Exiting The Vortex’

August 13, 2018August 13, 2018

“Fictive scenarios”.

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Lira Collapses Anew As Erdogan Digs In, Tempts Fate

August 12, 2018August 12, 2018

“Turkey will not convert or seize FX deposits.”

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