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09.07.2018 – 01:32 | Last updated:
We started by subtracting asset prices and financial indicators for the last six months and the last year. Meanwhile, inflation has been announced and the highest figure of the last 14 years has been reached. Haberturk Newspaper ended the paper edition and turned to digital. I continue to write in the digital environment of Habertürk from where I left .
– In June, six-month inflation was 9.17%, while annual inflation reached 15.39%. This sharp rise in inflation has pushed up exchange rates and spread all financial assets based on TL and TL. For the first time since 2001, such an image emerges. Investors on the basis of the Turkish lira have suffered losses in the real sense of the term, whether it is stock market, bonds or any other instrument of interest .
– Interest also jumped in the rebound, but at the end of the period we will see in the coming months whether or not he will win.
– One of the main reasons for the loss is that inflation is so high that it finds 9.17 for six months and 15.39% for one year. Inflation has gone through a very small number of investment instruments.
-Dolar was 3.52 TL in the middle of last year, it was 3.79 at the end of the year and closed in June 2018 from 4.59. The increase is 21% for 6 months, 30.3% for one year. When we compensated for the same period of inflation, 10.8% and 12.9% of real incomes remain
– The TL of Euron went from 4.02 to 4.55 and 5.36. Nominal 17.8% in six months, 7.9% in real terms. In the last year, nominal of 33.1% and real 15.3%.
– The rise of gold, as well as the rise of the dollar, even if the main value falls on the foreign market. Gold Gram went from 141.72 to 159.03 and 184.09. When the increase in nominal rates of 15.7% and 29.9% is adjusted for inflation, there is a real gain of 6% in 6 months and 16.2% in one year. The back order also goes in dollars, euros and gold. Earnings come only from these three main investments
HIGH LOSS IN TL
-The TL comes at the beginning of the accounts. The value of a TL against the dollar fell to 26.39 at the end of the year, rising from 28.40 in the middle of last year to 21.80 cents in June 2018 The loss over 6 months is 17.4%, the annual loss is 23.2%.
If 10 years of treasury bonds were purchased, the real loss would be 3.6% in 6 months and 5.7% in one year. For 2-year bonds, the situation was 2.8% and 4.7 losses. If the money was invested in three-month deposits, 2.7% and 2.8% would suffer a real loss.
– In the stock market, those who invest in industrial securities are 15.5% in six months and 5.1% in one year. Bank stocks recorded high losses of 29.0% and 32.5%, respectively, without inflation.
HOT MONEY decreased by $ 23 BILLION
– earned, suffered heavy losses in deposits at TL. As a result of this, domestic inflation and other factors have a role, but the foreign economy is also effective. Since late January, capital outflows from developed countries, especially our country, have accelerated. After the $ 3 billion of net capital inflows in January out of the capital of Turkey. over the last 3 months continues capital outflows from emerging markets.
-This is the result of this, there is a contraction of the level of five to six months of hot money stock in Turkey. At the end of June, the share of hot money, which stood at 109.4 billion dollars at the end of the year, dropped by 23.5 billion $ 86.5 billion. Inventories decreased by $ 15.8 billion and $ 5.7 billion of debt securities were effective.
– Redeeming currency and gold, but not the winning alien. Bringing foreign currency and returning it to TL, it's a heavy loss because it has invested in stocks and bonds.
DISCONTINUALLY DISCONTINUED
-We monitored the individual pension funds from the indices of the BES Monitoring Center . In 2017, BES funds were on average over the last 10 years as much as deposits, excluding government contributions. Since that time, the BES Monitoring Center has stopped delivering performance since 2003. Another loss for transparency, correct measurement and evaluation No trade is not selling because they are leavened. In addition, BES is one of the longest contracts in total. 10 years, 20 years, 30 years are a liability and a debt.
– We believe that the BES funds, which record the losses of shareholders and shareholders, record poor results in the first half. We believe that the average does not overcome inflation.
-The real estate market continues to decline. Recent data was that the average annual increase of levels below 10 percent in Turkey. There is no real profit
– In this case where will we earn money? We are going to become economics if we all go together. We lived the period of earning hard currency and saw what we have become. Gains must be based on TL and TL based instruments.
-The TL guidance requires guidance and guidance. Strong economic management, a schedule reform program and show that the change requires global economic conditions, could pave the way to regain TL in Turkey.
For the LT you have to appreciate it and you have to appreciate the inflation. The government, the government and the private sector and households, or on the stock market, the stock market, in the real estate, in the BES, in bonds, in deposits, or even in companies. "The spine is part of the earth."
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