McElligott Revisits The Thanksgiving Turkey Parable
“We all should understand that generic / naked vol-selling is the proverbial ‘picking up pennies
“We all should understand that generic / naked vol-selling is the proverbial ‘picking up pennies
It’s back to lamenting the lira. When it became clear last month that Recep Tayyip
Recep Tayyip Erdogan isn’t going anywhere. Turkey’s long-serving strongman secured another presidential term on Sunday,
“Very ridiculous.” That’s how Recep Tayyip Erdogan described the notion he might refuse to step
He did it. Recep Tayyip Erdogan succeeded in bringing rates in Turkey back down into
If you have an inflation problem (and who doesn’t these days, right?) Recep Tayyip Erdogan
“Markets stop panicking when central banks start panicking.” That’s a familiar refrain. It’s another way
If the situation weren’t so burdensome for the populace, I’d say you have to admire
Whenever you’re inclined to lament high inflation exacerbated by a legacy of too-loose monetary policy
Turkey kept rates on hold Thursday which, to the uninitiated, probably doesn’t sound like news.
“We’re cutting interest rates. And we will all see how inflation will start falling within
“Who were these buyers?”, wondered Nureddin Nebati, Turkey’s recently installed Treasury and Finance Minister, during
A steep selloff in Turkish stocks tripped the Borsa Istanbul’s market-wide circuit breaker on Friday,
Recep Tayyip Erdogan was back above the fold across mainstream financial media outlets on Monday.
After years spent living in denial, emerging market watchers finally came around to the reality
You can have your theories, but Turkey’s Recep Tayyip Erdogan “cannot be on the same
Recep Tayyip Erdogan is irritated. At grocery stores. “Markets are turning upside down with products
Recep Tayyip Erdogan asked for it, and he got it. Assets in Turkey were besieged
“[We’ve] decided to implement a front-loaded and strong additional monetary tightening”… is something you don’t
“The circumstances that led Turkey to procure S-400 systems in the past are very well
The Turkish lira came into the week besieged. And by that, I mean it’s riding
Believe it or not, Recep Tayyip Erdogan let Murat Uysal hike rates on Thursday. Turkey careened
Turkey is in trouble — again. At fairly regular intervals, the country finds itself teetering
Of “foiled” plots and valuable, gas-rich allies.
“…a hugely damaging move.”
The “or else” approach.
Just about the last thing the world wants to ponder right now…
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