Bad News: Turkish Current Account $-3.76B For June 2017 [Seeking Alpha]
iShares MSCI Emerging Markets Asia ETF (EEMA)
US:NASDAQ Investor Relations:
ishares.com/us/products/239637/ishares-msci-emerging-markets-etf
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Source: Seeking Alpha
Summary This report was produced using a balance of national accounts assessment of Turkey. The number for the Turkish current account has just been released, and this is a running update of the fiscal flow figures. A positive macro picture for a country one is looking at investing in is a good prerequisite, and the purpose of this report is to assess if Turkey has a positive macro environment within which to invest. One can summarize the national accounts in the following formulae: Private Sector [P] = Government Sector [G] + External Sector [X] and GDP = Private Sector [P] + Government Sector [G] + External Sector [X] These are accounting entities and are true by definition. See the methodology section below for more detail on this formula. The private sector is where the stock market is and we as investors want the stock market to go up. The stock market can only go up if the flows into it are positive. The private sector derives income from three sourc
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