Turkish crisis in the spotlight


There has been a dizzying coverage of the Turkish “currency crisis” in the international media, with some outlets — like Bloomberg and Project Syndicate — devoting special

Read More

Two Turkish macro myths, in two graphs


High growth in Turkey – as in last year’s steroid-driven (estimated) 6.5%+ rate – typically comes at a cost in the form of higher “imbalances”, i.e. markedly higher inflation and current account

Read More

EM Debt Lures Income Hunters

Source:Barron's Date:01Apr2017

This is a sample of the kind of article that actually scares me very much, being a contrarian. It is representative of my Google search on EM articles nowadays. The financial press can’t say

Read More