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Category: turkey

Turkey Tries Again To Put Brakes On Lira Collapse As Trump Piles Shame On Erdogan

August 31, 2018October 15, 2021

“Too dear to my heart.”

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There’s Blood In The Water For Emerging Markets – Again

August 30, 2018August 30, 2018

It’s not over.

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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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Tennessee’s State Retirement System Feels The Pain As Turkey ETF Crashes 50%

August 27, 2018August 27, 2018

“Inflammatory and stupid”.

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4 Comments on Tennessee’s State Retirement System Feels The Pain As Turkey ETF Crashes 504

Psychological Overhang: Full Week Ahead Preview

August 26, 2018

U.S. politics and trade are likely to dominate the headlines this week.

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Turkish Tech Minister Says Maybe Digital ‘Barter System’ Might Work If Trump Weaponizes Dollar

August 25, 2018

“…this war has turned into a financial war.”

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A ‘Stealth’ Rate Hike From Turkey And A ‘Pick Your Poison’ Quandary For Europe

August 20, 2018

How to hike without hiking and what to do when there are no “good” options.

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

August 17, 2018October 16, 2021

It’s raining, it’s pouring…

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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.”

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Trump Dubs Andrew Brunson ‘Patriot Hostage’, Says U.S. Won’t Pay A Dime For Him

August 16, 2018August 17, 2018

If you’re Andrew Brunson, I’m not sure what’s more disconcerting…

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4 Comments on Trump Dubs Andrew Brunson ‘Patriot Hostage’, Says U.S. Won’t Pay A Dime For Him

Trader: The Question Is When Does The Fed Blink?

August 16, 2018November 13, 2018

“My guess is that it is later rather than sooner, but we are definitely getting closer with days like today.”

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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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‘Let’s Face It, Everybody Knew This Was Coming’: Albert Edwards Weighs In On Emerging Market Crisis

August 16, 2018October 16, 2021

“But in the frantic QE-inspired hunt for yield, nobody cared.”

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Volatility In Turkish Stocks Surges To Highest Since Coup As ‘The Dude’ Dumps $120 Million

August 16, 2018August 16, 2018

Anyone for falling knives?

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Turkey Gets $15 Billion Bailout Promise From Qatar: Here’s What It Means

August 15, 2018August 15, 2018

A durable alliance.

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Turkey’s Erdogan Will Now Tax American Liquor And Cars, Will Also Prosecute People For Talking Bad About His Lira

August 15, 2018August 15, 2018

Who knows, maybe Turkey will indict Trump before Mueller does.

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To Spillover Or Not To Spillover, That’s The Question

August 14, 2018

“Spillover”, “contagion”, “transmission”, etc. etc.

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Lost Arms, Cut Beards And Untrustworthy Dollars: Just Another Day In Turkey’s Burgeoning Crisis

August 14, 2018

This has descended into farce, which is precisely what you’d expect…

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‘Perhaps – Finally – Realistic’: Five Years Later, One Man’s Carry Trade Prophecy Comes True

August 13, 2018August 13, 2018

Bad things come to those who wait.

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Let’s Check In On Turkish Banks, Because Realistically, How Bad Could It … Oh, No.

August 13, 2018October 16, 2021

It’s not looking great, but again, valuations are cheap!

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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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Emerging Market Crisis Beckons As Currencies Shudder Amid Lira Drop

August 13, 2018August 13, 2018

Turkey’s woes are not any semblance of “contained”.

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Turkish Delight: Full Week Ahead Preview

August 12, 2018August 13, 2018

Pray for Turkey.

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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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‘I Dare You’: Erdogan Sets Stage For Outright Collapse In Turkey With Sunday Speech

August 12, 2018

“We see the game you are playing; we dare you.”

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Gulf Banks Dive As Fallout From Turkey’s Currency Crisis Spreads

August 12, 2018August 12, 2018

Ripple effect.

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‘Shame On You’! Erdogan Blasts Trump, U.S. In Characteristically Absurd Saturday Speech

August 11, 2018October 16, 2021

What’s going to be a real “shame” is if there’s not some resolution to this situation by Monday.

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