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
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
👀5😁1😢1
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.
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
👀3
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
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
Israel is literally the ONLY thing they’re requesting to be redacted
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
😡5😐3⚡1
FOMC: Polymarket users predict a 99% chance that the Fed will not make any rate cut changes today
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
👀4