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Saturday, December 08, 2018

Emerging-Market Dud Turkey Wins Favor as a Top Trade for 2019 - Bloomberg

Emerging-Market Dud Turkey Wins Favor as a Top Trade for 2019
By Ben Bartenstein
December 7, 2018, 3:43 PM EST

A currency crisis, credit-rating downgrades and U.S. sanctions wreaked havoc on Turkish markets this year. Yet that turmoil has set the stage for one of next year’s most attractive trades in the developing world, according to AllianceBernstein and NWI Management.

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