Turkish Equities Are Very Attractive

2019-01-24 · by · in Emerging Markets, Equities, FX, Historical Analysis, Indices, Politics, Ratios, Technical Analysis, TRY, Turkey, XU100

Below I graph the Istanbul 100 in local currency terms.  Note the 2013-2016 consolidation at new all-time highs, the break-out and rally through 2017 and then 2018’s big sell-off to retest the break-out zone as new support.  Atop this new…

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