https://sg.finance.yahoo.com/news/1-turkish-economy-shrinks-2-075823691.html
The Turkish economy has shrunk by 2.6% in Q1. This is really a piece of bad news as a weakening economy will lead to a weakening lira and create a vicious cycle. Ultimately, this will cause a collapse in the Turkish stock market.
Watch out for Turkish development as this may lead to the European Financial Crisis (EFC).
http://sg-stock.blogspot.com/2019/03/1997-asian-financial-crisis-is.html
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