Emerging Markets Currency CRISIS in Turkey, Argentina, India! Drop to RECORD LOW!

in money •  6 years ago 


The crisis in emerging market continues. The fallout persists as countries all over the world see inflation pick up, their currency drop, and contagion spreads throughout. The U.S. markets have been supported with generous donations from central bank intervention causing the longest bull market in history. The question is, can FANG stocks remain afloat with everything around sinking like a stone?

Turkish lira sinks after reports that a key central bank member could resign
https://www.cnbc.com/2018/08/30/turkish-lira-sinks-after-reports-that-a-key-central-bank-member-could-resign.html
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Argentina crisis: Peso crashes to record low amid IMF plea
https://www.cnbc.com/2018/08/30/argentina-crisis-peso-crashes-to-record-low-amid-imf-plea.html
Argentine Bond Risk Soars With Investors Losing Faith in Macri Era - BloombergQuint
https://www.bloombergquint.com/onweb/2018/08/29/argentine-debt-now-riskier-than-ecuador-as-macri-suffers-blows#gs.eHydrYA
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India's rupee falls to an all-time low
https://www.cnbc.com/2018/08/30/indias-rupee-falls-to-an-all-time-low.html
2018-08-30_6-10-53.jpg (890×469)


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Nice video sir

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