Turkey
Highlights Continued upgrades to global economic growth – most recently by the IMF this week –will support higher natgas prices. In our estimation, gas for delivery at Henry Hub, LA, in the coming withdrawal season (November – March) is undervalued at current levels at ~ $2.90/MMBtu.…
Chart 1Turkey: Deluge Of Money
Turkey: Monetary Policy Orthodoxy Proved Short-Lived…
Turkey’s Return To Economic Unorthodoxy…
How Long Will Turkish Assets Strive…
Chart 1Turkish Lira: A Long Lasting Breakout?
Korean Equities: A Bubble In The Making…
Chart 1Turkish Lira Versus US Dollar: Total Return Performance
Turkey: A Lasting Policy Reversal Or False Hope…
A Shift To Economic Orthodoxy In Turkey…
Turkey’s Problems Are Not Over…
Highlights Senate Republicans would be suicidal not to agree to a fiscal relief bill before the election. Democrats are still offering a $2.2 trillion package. Grassroots Republican voters will forgive Republicans for blowing out the budget deficit but they will never forgive them for throwing…
Turkey: Still An EM Of Yore…