Cartoon of the Day: Turkish Toilet Paper

08/13/18 03:43PM EDT

Cartoon of the Day: Turkish Toilet Paper - 08.13.2018 Turkish Lira cartoon

The Turkish lira has dropped over 40% against the dollar since January. Escalating risks underlying this emerging markets selloff have been in place for some time now. Our subscribers were proactively prepared. The underlying economic data has been crystal clear: Global growth is slowing. 

Click here to get our "Cartoon of the Day" emailed to you for free.

Cartoon of the Day: Turkish Toilet Paper - cartoon of the day

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.