After the failed coup in July, Turkey still makes headlines, but should you worry? Certainly the government crackdown looks brutal with multiple news organizations and educational institutions being shutdown, plus many people being rounded up by security forces loyal to the country’s ruler Erdogan.
What’s happening certainly makes the country look like a tough place to live right now. But the for Wall Street the question is how the crackdown, which seems likely to continue, will affect investors in Europe, which after all is on Turkey’s doorstep. Edward Dempsey, chief investment officer at Pension Partners explains his thoughts in this video.