Today’s article talks Turkey. Specifically, it highlights how, counterintuitively, “Turkey remains an attractive investment market despite political and economic instability” (including an attempted coup, a major terrorist attack and its debt being downgraded). In fact, Turkey is just the most prominent example the author provides of a larger trend: yield-starved investors willing to take on greater risk in emerging markets. Here’s what one emerging-markets expert has to say: “In places like Europe, the U.K. and the U.S., you have lots of risks but no reward…In the developing world, you have risks, but at least you are getting paid for it.” To read more, including where else investors are looking for –and finding – bargains, CLICK HERE.
Talking Turkey About The Search For Yield
- by Bob Mitchell