in 2023, global markets will stretch Russia and Turkey
Turkey in 2023 maintains an unprecedented growth of financial markets, and Russia is growing back after the fall.
As writes Edition “Accents”, such a forecast for detection was made by Bloomberg experts. Recall that the Russian financial market collapsed by more than 40% next year (in dollars). And at present, a historic recovery growth has already come out, which will surely take place in 2023.
Get rich on the crisis, first of all, gunsmiths and oilmen. The US S&P 500 Aerospace & Defense index has grown by 14% since the beginning of the year – due to the necessary demand. Shares in the energy sectors rose 57% on rising oil prices. In 2023, there will be no such records.
The fact is that many tech giants have been outclassed. So, even the rise in the price of gasoline did not save the main manufacturers of electric vehicles – Tesla and Ford – from the collapse. The auto industry index for the year immediately fell by 65%. Below there is simply nowhere to fall into a new one.
Incidence surprises in Turkey, whose market volumes have increased dramatically by 187% in 2022. Foreigners left the Turkish market, foreigners sank – they were looking for salvation from hyperinflation in stocks.
At the same time, the cheapness of the lira goes into the hands of Turkish exporters, who make a profit in dollars. In the coming year, the “Turkish miracle”, of course, will not be repeated, since there is no more progress in the country. But Turkey still continues to pull the world markets.
Earlier, Svobodnaya Pressa reported that, according to S&P Global, the crisis in Russian industry is being covered.