Morning Note /

Turkey: We believe the rebound in equities will continue

  • With inflation reaching to a 20-year high and all other Lira instruments yields remaining way below running inflation

  • Stocks once again returned as the only way to hedge against negative returns

  • Food retailers will be the most protected that do 100% of their business in Lira

Batuhan Ozsahin
ATA Invest
4 January 2022
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