Turkish Lira under attack! Turkey detained an American Pastor and that’s what annoyed the Trump administration which promptly applied sanctions to Turkey. Due to relatively high level of dollar denominated debt, Turkish Lira was having a panic selling earlier in the week. Together with ultra-high inflation, economic growth slow down and various political issues with… Read More »
“Our firm forecast that the next downturn will happen around 2020” “We expect this long bull market to last at least another 2-3 years till 2020” “We expect next 12-24 months to be OK, and that puts the end of the bull run at 2020” I never make predictions, especially about the future Yogi Berra… Read More »
And why shouldn’t it? In the past I have repeatedly mentioned that with the strong economy, lower tax rate, healthy consumer finance and strong business confidence largely significant de-regulation since Mr. Trump took office (and to be sure, no main stream media will ever mention this), the overall economy is heading the right direction, corporate… Read More »