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Tuesday, February 20, 2007

Is Turkey Headed for Financial Crisis, Again? - SeekingAlpha

"Is Turkey Headed for Financial Crisis, Again?

Posted on Feb 20th, 2007 with stocks: TKF

Suna Reyent submits: Historically, Turkish stocks have been a lot more volatile than other emerging market stocks. Although Turkish stocks have had a very good run after the financial crisis experienced by the country during 2001-2002 period, the Turkish GDP growth and stock market performance numbers were measured from a very low base registered during the crisis. 2006 was generally a very good year for emerging markets, but Turkish stocks did not participate in this broad-based rally."

More:Is Turkey Headed for Financial Crisis, Again? - SeekingAlpha