turkey

Let’s Talk Turkey

  • Frightening headlines abound today about Turkey. Fears about how the plunging Lira could pose a risk to the country that serves as a geographic buffer between Europe and Syria, President Erdogan threatens that Turkey may go searching for “new friends” like Russia and Iran if the US doesn’t start showing some respect and terms like hyperinflation and contagion are being thrown around in articles and op-eds everywhere. There’s no doubt that world markets, economic policy and geopolitical relations are complicated.…
    A Macron win is good for global investors

    Victory Of Macron In France Good News For Global Investors

  • In the wake of the election of Emmanuel Macron over Marine Le Pen as France’s new President, numerous media outlets have applauded his victory as a solid rejection of opponents of the EU. The question is, what might Macron’s election mean for markets and even your portfolio? First things first: Victory for Macron means France is staying in the EU for the foreseeable future, thereby avoiding a “Frexit.” That kind of stability is important not only for France but for…
    China's ghost cities and why their making a comeback is a good thing for global investors

    The Comeback Of China’s Ghost Cities And Why Global Investors Should Care

  • “By 2020, China hopes to move 100 million people from the country's farming regions into cities. By 2026, it hopes to move 250 million.”1 That was early 2013, when 60 Minutes ran a story about China's ‘Ghost Cities’ as a sign of a massive build up in unused and unneeded housing. Since then, this story in ‘The Globe And Mail’ describes how a lot of excess capacity of housing has actually been filled up in China’s third and fourth-tier cities,…
    The Federal Reserve - are we giving it too much credit for its influence?

    Are We Giving The Fed Too Much Credit For Influence?

  • The Federal Reserve recently raised a key interest rate .25% and in the 24 hours since, it seemed to be the only non-White House issue the media could talk about. What are the implications for the economy?   The Federal Reserve Is Just A Scorekeeper. Really. Let’s consider the real factors here. When we drill down deeper, we see that the Fed is not causing interest rates to rise in itself. It’s responding to events when it raises or cuts an…
    The US Dollar Is Crashing Soon? We Can Think Of Two Historical Instances That Bucked That Trend

    Why A Strong US Dollar Is Nothing To Fear

  • Do you ever notice how some financial TV pundits find a way to talk doom and gloom when things are actually going quite well? Take the US Dollar, which is very strong right now. If you're not into financial markets, you wouldn't know that the US Dollar is up more than 25% in the last 2 1/2 years and almost 40% since early 2011.  Still, when the Dollar eventually does weaken, we'll see 'Dollar Crisis!' stories popping up across the news media.…
    Is the Euro beyond help if regular bailouts aren't successful?

    Euro On Life Support If Italian Banks Can’t Make A Comeback?

  • Once Italian lawmakers in December approved a 20 billion Euro plan design to rescue Italy's weakest banks, it would be easy to say the country - and the Eurozone - could breathe a bit easier. After all, we can point to instances in other countries in which banks have been revitalized after the government recapitalized them. When we think back to the US banking crisis, financial institutions across the country made a serious comeback upon recapitalization. Remember Spain's housing bubble?…

    Almost 10 Years After Madoff, What Have Investors Learned?

  • Nearly a decade after Bernie Madoff shook the investment world with a Ponzi scheme of epic proportions, the question remains: Could it happen again? In reflection, we always come back to this: You should always be leery of any financial advisor who is also your custodian.  If they make your statements, then there’s a risk to you. None of us want to even imagine that dreadful feeling that so many of Madoff's victims felt. Yet, when we have films like…
    Could President Trump's SEC pick derail the Fiduciary Rule?

    Is Fiduciary Rule “Dead” With Trump’s SEC Appointment?

  • The Fiduciary Rule was created to try to keep investors from being taken advantage of. But with President Trump's SEC appointment, is it now in jeopardy? by Miaciah Manuel, CFP® With every appointment and executive action, President Trump continues to garner controversy – and his appointment of Jay Clayton to lead the SEC appears to be no different. Given Clayton’s career as a defense attorney for large financial institutions, the opinion of some in the financial press is that he is…

    Will The First 100 Days Of Trump Be A Rocky Road For Investors?

  • Frankly, the evidence would suggest the answer to our headline's question is no. This chart from Vanguard shows us that after the first 100 days of a President’s term, the market tends to calm significantly. And some fluctuation prior to the first 100 days isn’t a sure sign that the market is headed for a wild ride, either. In other words, you’re going to hear all of kinds of media sources speculate about potential market swings up and down. Even…

    How Much Influence Does Any President Have On The Stock Market?

  •   “Trump’s win is going to send the market into a tailspin! His policies will send us back to the economy we had when Bush was in office!” “Ah, people were saying that the sky was falling after ‘Brexit’ and that didn’t happen. The market will be fine. It may even flourish based on what we’ve seen so far.” Who do you believe? Should you start making moves to your portfolio now that the unexpected has happened? How volatile does…
    Is an "Italexit" coming from Italy?

    “Italexit”: Is Italy The Next Euro Domino To Fall?

  •   Come this Sunday, December 4th, a major referendum on constitutional reform is taking place in Italy. Some are calling it the precursor to an "Italexit" from the Euro. Is this a vote that determines whether or not Italy stays in the Eurozone? No – at least not yet – but the table may be set for that eventual outcome if the referendum goes in a certain direction. Take a look at the chart below. With the largest Italian banks…
    Brexit

    Brexit, Grexit And Euro Drama For Investors To Sort Through

  • Britain's "Brexit" vote is now official - what's the collateral effect to economies worldwide? Investors may have an avalanche of troubling questions post-Brexit. But FFP aims to alleviate some of the stress. Here we go again. First, we had the drama of the potential “Grexit” of Greece from the European Monetary Union. Now, in a referendum, the citizens of Great Britain have voted to leave the European Union - also known as Brexit. You may be wondering if there’s any…

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