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The Turkish lira has plunged over 10% to record lows, and Turkish stock market index is down nearly 6%
The crash comes after the arrest of Istanbul Mayor, a major opposition figure and potential presidential contender. His detention follows the revocation of his university diploma, a move that could bar him from running against President Erdoğan
As you can see, markets don’t lie. Investors always flee when a country appears unstable, and autocratic regimes often face capital flight as trust erodes. When politics turns unpredictable, money moves elsewhere
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
The crash comes after the arrest of Istanbul Mayor, a major opposition figure and potential presidential contender. His detention follows the revocation of his university diploma, a move that could bar him from running against President Erdoğan
As you can see, markets don’t lie. Investors always flee when a country appears unstable, and autocratic regimes often face capital flight as trust erodes. When politics turns unpredictable, money moves elsewhere
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
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The graph shows how $BTC reacted to recent FOMC decisions.
For context:
• Sep 18, 2024: 50bps cut - rising downside risks to the economic outlook.
• Nov 7, 2024: 25bps cut - "Data-dependent" future policy decisions
• Dec 18, 2024: 25bps cut - FED signaled a more gradual approach ahead
• Jan 29, 2025: no cut – a "wait-and-see" stance
These past 4 meetings have consistently met expectations, with no surprises in the rate decisions.
Markets peg a 99% chance of no cut today.
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
For context:
• Sep 18, 2024: 50bps cut - rising downside risks to the economic outlook.
• Nov 7, 2024: 25bps cut - "Data-dependent" future policy decisions
• Dec 18, 2024: 25bps cut - FED signaled a more gradual approach ahead
• Jan 29, 2025: no cut – a "wait-and-see" stance
These past 4 meetings have consistently met expectations, with no surprises in the rate decisions.
Markets peg a 99% chance of no cut today.
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
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The CIA requested that any mention of ISRAEL be redacted in the JFK files
Israel is literally the ONLY thing they’re requesting to be redacted
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Israel is literally the ONLY thing they’re requesting to be redacted
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
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