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Olduvai III: Catacylsm
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Lira Soars After Turkish Central Bank Unleashes Massive, “Whatever It Takes” Rate Hike

Lira Soars After Turkish Central Bank Unleashes Massive, “Whatever It Takes” Rate Hike Ahead of today’s Turkish Central bank decision, analysts were adamant that if Turkey truly wants to ward off currency bears, it would have to deliver a “shock and awe” rate hike, greater than the whisper consensus call for a 100bps, especially since […]

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Whatever It Takes?

WHATEVER IT TAKES? In the midst of all the recent uproar, one anonymous Twitterer seized his chance to have his Uber-Warholian, 140-characters-of-fame moment and thundered: ‘Central banks are losing control of this market!’ no doubt eliciting whatever the social media equivalent of a cry of ‘Hear! Hear!’ and an approbatory nodding of the head might be from […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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