Don’t Forget About Russia
Lost in the shuffle, but not for long.
Lost in the shuffle, but not for long.
What’s going to be a real “shame” is if there’s not some resolution to this situation by Monday.
Get ready for capital controls.
“…markets need to be prepared for a hard landing in the economy, corporate defaults on foreign currency debt, and possible bank failures.”
What could go wrong with this setup?
“Don’t be afraid at all, it will all pass.”
How to trigger a currency crisis in five months.
It’s not without risks, of course.
“Is the lira collapse over? Doubtful.”
Trade, Japan, Turkey, rubles and so much more.
“We were patient until last night.”
If what you’re asking is whether China is going to help isolate Tehran, the answer is “no”.
Meanwhile, 10Y yields in Turkey spike to record highs.
I guess we can all hope that Trump’s affinity for autocrats wins the day.
Accepting idiosyncratic, country-specific risk is part and parcel of investing in emerging markets, but this has gone well beyond that.
Dear markets: Berat Albayrakc is not your cool son-in-law.
“I’m letting them do what they feel is best.”
“I have to start by saying”…
Prepare to be harangued with tales of international conspiracies from newly-minted Sultan Recep Tayyip ErdoÄŸan.Â
“Buy the dip” is now “sell the rip”, don’t ya know?
Fireworks.
Try again.
“I can’t feel my face.”
You must be logged in to post a comment.