Turkey State of Emergency: How Will Markets React?

The video discusses the extraordinary times in Turkey, urging a wait-and-see approach rather than panic. It highlights government efforts to maintain normalcy and the potential economic impacts, including reactions to the state of emergency and Moody's ratings watch. The discussion covers the possibility of capital controls and the Central Bank's role, emphasizing Turkey's historical resilience. The fairness of Moody's decision is debated, acknowledging the need for caution given Turkey's recent shocks.

How does the speaker perceive the government's assurances regarding business as usual?

What are the concerns regarding capital controls in Turkey, according to the speaker?