“The Outlook for the Turkish Economy and Financial Assets”, Michael Harris, Cribstone Strategic Macro
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This latest episode of the IRF Podcast looks at the outlook for the Turkish economy and financial assets in the wake of Turkey's 2023 first-round election. ----more---- IRF Senior Advisor, JP Smith hosts Michael Harris, Founder of Cribstone Strategic Macro, who's been ranked number one strategist for Turkey thirteen times. Mike outlines the probable outcome for the forthcoming second round, likely future policy developments and identifies the key scenarios for the Turkish Lira and equity market, paying particular attention to the possibility of further destabilising capital flight and dollarisation of the domestic economy. Mike and JP also discuss Erdogan's balancing act between Russia and the West with regard to foreign policy and the potential ways that might shift in response to any future economic and/or financial turbulence.