Markets Shocked – Shocked, I Tell You! – To Discover That When Erdogan Says Low Rates, Erdogan Means Low Rates
Dear markets: Berat Albayrakc is not your cool son-in-law.
Search Results for: Berat Albayrak
Turkey’s Lira Confronts Lose-Lose Reality In New Erdogan Term
It’s back to lamenting the lira. When it became clear last month that Recep Tayyip
In Turkey, An Autocrat Goes All-In
After years spent living in denial, emerging market watchers finally came around to the reality
Gullibility Knows No Bounds: Lira, Turkish Banks Stage Absurd Rally On Erdogan Promises
Turkey’s Recep Tayyip Erdogan is ready to take his medicine. Don’t believe me? Just ask
Xanax For An Anxious World
The new week dawned with most of the developed world breathing a collective sigh of
Erdogan Fires Another Central Bank Chief As Lira Falls For Eleventh Straight Week
Turkey careened into one of its regularly scheduled currency crises last month, when a laundry
Meanwhile, Turkey Careens Into Currency Crisis As Erdogan ‘Declares War’ On Citi, UBS, BNP
“…a hugely damaging move.”
Meanwhile, In Turkey…
Rate cuts and plans for another cross-border incursion in Syria – this time against Assad’s forces.
Meanwhile, In Turkey…
Inflation jump drives real rates further into negative territory, while Erdogan “neutralizes” nearly three-dozen of Assad’s troops.
‘Just As Independent As The Fed’: Erdogan’s Son-In-Law Jokes About Trump’s Control Over Central Bank
This is yet another manifestation of Trump’s behavior normalizing autocratic regimes.
Turkey, Erdogan Set Collision Course With US Congress Over Russian Missiles
“Such language would push Turkey exactly toward places that they don’t want it turn to”.
Trump, Mnuchin, Barr May Have Iced Halkbank Case At Behest Of Erdogan
The Halkbank case seemingly went cold for five whole months…
‘This Story Is So Incredible’: Erdogan Gets His S-400s As Turkey Dares Trump To Pull Sanctions Trigger
Trump effectively blessed this in Osaka.
Plunging Lira, Deutsche Bank News, Japan-Korea Spat Make For Inauspicious Start To Crucial Week
None of this sets a particularly upbeat tone.
In Epically Brazen Move, Erdogan Ousts Central Bank Governor, Reminds Everyone Who Is In Charge
“[I] don’t know why Erdogan does not just take the job himself”.
In Turkey: Meltdown.
If you’re surprised, don’t be.
As Turkey Sees First Recession In A Decade, Let’s Get You Up To Speed On All The Latest
Meanwhile, from the Erdogan chronicles…
Turkey Delivers Sizable Rate Hike Hours After Erdogan Calls For Rate Cut
“If you are saying the opposite, you don’t know this business.”
Meanwhile, In Turkey …
“In case you were wondering whether the news is getting any better for Turkey, the answer is ‘no.'”
Do Not Underestimate Donald Trump When It Comes To The Fed
“You see what’s happening.”
There’s Only One Kind Of Umbrella For This Perfect Storm
It’s raining, it’s pouring…
Turkey Was Ready To Release Pastor Brunson Last Week And Then…
“We told them that at least we have to see some goodwill.”
Mnuchin Set To Slap Turkey With New Sanctions As Erdogan ‘Turns Out Not To Be A Great Friend’ 😡
Just when you thought it was safe to jump back into the lira.
Argentina Races Thunderstorm With Monday Panic Hike
“They had to do something”.
Lira Collapses Anew As Erdogan Digs In, Tempts Fate
“Turkey will not convert or seize FX deposits.”
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