CuriousInvestor

Turkish Shareholders Association Plans to Sue the Turkish Central Bank

As an American investor in Turkish stocks, I find it repugnant that the anti-AK Party elements in the country (the same corrupt elements that have had a monopoly on power post-Kemal and left the economy in tatters) are now using their influence with the judiciary to overturn the party that has won multiple elections and is the reason why Turkey (until the last few months) has been an economic/financial superstar.

My Turkish investments are down 50% from their highs last year because of these anti-AK Party minions. They failed in the elections, they failed in pursuing a military coup d'etat, and now their using partisan Supreme Court to overturn the hugely popular and successful AK Party. The political instability is responsible for the poor performance of the stock market, otherwise Turkish stocks would be performing on par or better than Russia and the Gulf countries. If there's any justice in Turkey, the AK Party will be left alone to steer the country to prosperity, as it has successfully done for the last several years.