Tuesday, August 28, 2018

Buying opportunities in Turkish assets

The recent sell off in Turkish stocks may have presented a buying opportunity for Bulls according to  Marc Faber who spoke with Anadolu Agency.

“People always say they would like to buy low and sell high. Turkish stocks are valued in U.S. dollars. Now it’s in buying range. I think I will buy some Turkish stocks, ETF’s. I own some [Turkish] bonds. It’s not the huge portion of my portfolio but yes I own some Turkish debts. I think it’s the time to buy Turkish assets."