From Invesco: It is not a stretch to say that Turkey is beset by troubles both external and internal. Syria’s civil war to the south has caused an unanticipated economic and social strain on the country, and fears of continued terrorism have slowed the engine of tourism.
Meanwhile, the government is seeking to bolster its power after an unsuccessful coup attempt last July. How the country handles these myriad issues could set the stage for either an economic recovery or a further descent into crisis.