Global Markets Plunged on Friday With the Turkish Lira At Its Center

Halifax America Introduction: Turkey is in turmoil, with its currency having lost a quarter of its value against the US Dollar. And threats of further US sanctions have only escalated the situation, raising a real possibility of a Turkish recession and banking crisis....

How the Turkish Crisis May Be Far Worse Than Greece

Halifax America Intro: The collapse of the Turkish Lira was a gambit that ended up a self-inflicted disaster. In fighting for the interests if his country, or perhaps his own interest, Erdogan might have discovered that his biggest foe turns out to be himself. And any...

Can a Bear Market Really Wipe Out Your Investment?

Almost every investor fears that one big bear market that will wipe out their investment; that one massive downturn that will spell “game over” for anyone who has equities exposure. Some of us remember the 2008 financial crisis, the one where the markets lost 58%. To...