One might be excused, as 2016 draws to a close, for wanting to forget all about the year. This is especially true for Turkey. With its increasingly authoritarian government, slowing economy and the third worst performing currency in emerging markets year to date (only “beating” the Mexican and Argentinian Pesos), Turkey has been a market investors have found easy to ignore, so easy that I found myself, not long ago, the lone foreign investor at a conference in Istanbul.
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Turkey is not just for Christmas
December 2016
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