Arqaam Capital’s Rizk on Turkey’s Central Bank Governor, Interest Rates, Saudi Arabia

The video discusses the carry trade market, focusing on Turkey's economic situation and President Erdogan's theory that lower rates lead to lower inflation. It examines the potential impact of rate cuts on the lira and real rate, highlighting the Central Bank's lack of independence. The discussion shifts to Saudi Arabia, exploring its economic performance, geopolitical factors, and the influence of oil and OPEC on its fiscal position.

Discuss the implications of the Central Bank's independence on market stability.

What factors contribute to Saudi Arabia's borrowing and fiscal positions?