Political effects are for short time

As everybody knows political effects on stock markets are always short living. We will see a decent correction tomorrow on the IMKB index for sure. A lot of good news like growth rates over 6 %, succesfull Privatisations high earnings in the Turkish Banking sector would boost the turkish markets if it would not be effected by Dow, Ftse and Dax, indeed this 5 % loss was triggered by the losses in Europe and has little to do with Politics.