This time seems no solution for anything.......Covid restarts,people use again masks and other equipments.Economic cautions do not lurr anyone.Let's talk about inflations.Every place of the world has inflation and recession.If covid reloads again,financial system can have damaged.
USA inflation is hiking,FED will be hawkish.No unwinding.All of the developing countries have hiking their rates,except of Turkey,
Currently inflation is %78,62.Oil prices are raising in every day.It means more inflation.Turkish central bank cuts off rates or wait.Summary 1 usd is equal to 18 lira.Lots of banks tell 1 usd can be 24 lira end of december.On the other hand,current account deficit is getting bigger.Sooner or later they will have a choice,high interest rates or high dollar.
According WHO,6th wave can happen end of this September.If it happens,it will be disruptive.Economies are not ready for it,They have already recession,a new ceasing can hurt.Markets will have new shocks sooner or later.Docile cautions do not make sense,hard steps will have been necessary.
This summer will be hectic,ECB and FED decisions,new wave for Corona and Monkeypox viruses or more.It resembles Netflix,it is getting be part of series.
