Last quarter growth ratios of USA and Turkey shared.Data look complicated for Turkey.
TUIK says,Turkey has %2,6 growth in 2018.In last quarter of 2018,Turkey slumps %3.According to data importing power looked so slowly,we know that,Turkish Economy is connected with importing products and raw materials for production.
In Last weeks,OECD,IMF shared some reports about 2019 for Turkey.
You can find details in TUIK web site.
TLTRO
2019 will not be easy for Turkish Economy,slowing economy in Europe Zone (TLTRO ECB Program) means,our production and importing power can be worse to 2018.
Again,ECB started a loan program (TLTRO for Banking) European Banks Capital do not look well,Deutsche Bank and other Italian Banks have some seriously problems.
An anecdote,this is not a QE program.EM Markets will have not any opportunity in this incident.
BACK TO USA ECONOMY
We learned employment rate,work hours power,agricultural data last friday.Data were awesome agricultural data came out to 20,000 expectations (180,000-200,000).Ignorant economists tell data were so bad sure......
But away,they were so stupid and ignorant,even they did not listen or know FED reports and Powell Speech.
FED warned to President Trump and other officials for employment.If shutingdown was not happened,we could have much more less employment rate.
While these things were consisting,President Trump did not tell any negative sentences about Powell and FED.
%3,8 empoyment rate is awesome to expectations,we talk about 325,000,000 country and currently 175,000,000 people have a job.
One more thing for ignorants...........
I will have same ideas,FED can wait Brexit,after july FED will hike interest rates and reducing of portfolio will go on until 2019 ending.
EM Markets will have much more hard days,economy is not a story.This is a survivor,if you understand realities and mentalities you can be sucess.