{"id":11098,"date":"2012-02-01T09:48:28","date_gmt":"2012-02-01T07:48:28","guid":{"rendered":"http:\/\/www.bilgeyatirimci.com\/?p=11098"},"modified":"2012-02-01T09:49:28","modified_gmt":"2012-02-01T07:49:28","slug":"papadimos-carsamba-demisti-iflas-gelir-mi","status":"publish","type":"post","link":"https:\/\/www.bilgeyatirimci.com\/i\/papadimos-carsamba-demisti-iflas-gelir-mi\/","title":{"rendered":"Papadimos \u00e7ar\u015famba demi\u015fti, iflas gelir mi?"},"content":{"rendered":"<p style=\"text-align: justify\"><span style=\"font-family: Calibri\">\u00d6nemli diren\u00e7 seviyelerine gelen endekslerde d\u00fcn gelen olumsuz veri ve a\u00e7\u0131klamalar bir miktar sat\u0131\u015f getirdi. Bu sat\u0131\u015ftan son g\u00fcnlerde pozitif ayr\u0131\u015fan \u0130MKB\u2019de nasibini fazlas\u0131yla ald\u0131. D\u00fcn a\u00e7\u0131klanan aral\u0131k ay\u0131 d\u0131\u015f ticaret a\u00e7\u0131\u011f\u0131 8 milyar 107 milyon dolar olarak ger\u00e7ekle\u015fti. \u00d6nceki y\u0131l\u0131n ayn\u0131 d\u00f6neminde bu rakam 8 milyar 699 milyon dolar olarak ger\u00e7ekle\u015fmi\u015fti. Gelen rakam d\u0131\u015f ticaret a\u00e7\u0131\u011f\u0131nda d\u00fc\u015f\u00fc\u015f\u00fcn devam etti\u011fini g\u00f6sterse de, d\u00fc\u015f\u00fc\u015f\u00fcn daha h\u0131zl\u0131 olabilece\u011fi y\u00f6n\u00fcnde de beklentiler vard\u0131. Bu nedenle piyasalar bu d\u00fc\u015f\u00fc\u015fe \u00e7ok fazla sevinemediler. D\u00fcn \u00f6nemli bir a\u00e7\u0131klama da TCMB Ba\u015fkan\u0131 Ba\u015f\u00e7\u0131\u2019dan geldi. Y\u0131l\u0131n ilk enflasyon raporunda enflasyon hedefi revize edildi. Yeni hedef 2012 sonu itibariyle orta noktas\u0131 %6,5 olmak \u00fczere %5,1 ile %7,9 aral\u0131\u011f\u0131 olarak belirlendi. Yeni hedeflerin daha ger\u00e7ek\u00e7i oldu\u011funu d\u00fc\u015f\u00fcnmekle birlikte d\u00fcn ya\u015fanan sat\u0131\u015flarda bu haberin de etkili oldu\u011funu d\u00fc\u015f\u00fcn\u00fcyoruz. <\/span><\/p><div class=\"bilge-yaziust\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-1352576415\"><ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-7495567325667578\"\r\n     data-ad-slot=\"9580705384\"\r\n     data-ad-format=\"rectangle\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p style=\"text-align: justify\"><strong><span style=\"font-family: Calibri\">ABD\u2019de t\u00fcketici g\u00fcveni \u015fa\u015f\u0131rtt\u0131<\/span><\/strong><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Calibri\">Uzun s\u00fcredir olumlu veriler g\u00f6rmeye al\u0131\u015ft\u0131\u011f\u0131m\u0131z ABD\u2019de d\u00fcn a\u00e7\u0131klanan ocak ay\u0131 t\u00fcketici g\u00fcven endeksinin beklentilerin olduk\u00e7a alt\u0131nda kalmas\u0131 \u015fa\u015fk\u0131nl\u0131k yaratt\u0131. \u00d6nceki ay 64,5 olan veride beklenti 68\u2019e \u00e7\u0131kmas\u0131 iken, a\u00e7\u0131klanan veri \u00f6nceki ay\u0131n da alt\u0131nda 61,1 oldu. T\u00fcketici g\u00fcvenindeki bu d\u00fc\u015f\u00fc\u015f bizce ileriye d\u00f6n\u00fck \u00e7ok ho\u015f sinyaller \u00fcretmiyor. Di\u011fer verilerin iyi geldi\u011fi ve t\u00fcketici g\u00fcveninde etkili bir unsur olarak g\u00f6rd\u00fc\u011f\u00fcm\u00fcz piyasalar\u0131n ay\u0131n genelinde olumlu seyretti\u011fi bir d\u00f6nemde t\u00fcketici g\u00fcveninin d\u00fc\u015f\u00fck gelmesi, olduk\u00e7a \u00f6nemli bir sinyal. Gevenin d\u00fc\u015f\u00fck olmas\u0131 harcamalar\u0131n da frenlenmesi anlam\u0131na gelebilir. \u00d6zetle t\u00fcketici ekonomiye g\u00fcvenmezse harcamaz, harcamazsa \u00fcretim olmaz. T\u00fcketici g\u00fcveni verileri bu kapsamda en az sanayi \u00fcretimi, kapasite kullan\u0131m\u0131 gibi ekonomide \u00e7arklar\u0131n i\u015fleyip i\u015flemedi\u011fini g\u00f6steren veriler aras\u0131nda. Gelen son veriyi de bu kapsamda de\u011ferlendirmek gerekiyor.\u00a0\u00a0 <\/span><\/p>\n<p style=\"text-align: justify\"><strong><span style=\"font-family: Calibri\">Papadimos \u00c7ar\u015famba iflas demi\u015fti<\/span><\/strong><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Calibri\">Yunanistan Ba\u015fbakan\u0131 Lukas Papadimos, haftasonu yapt\u0131\u011f\u0131 a\u00e7\u0131klamada \u00fclkenin borcunun azalt\u0131lmas\u0131 ile ilgili anla\u015fma \u00c7ar\u015famba&#8217;ya kadar tamamlanmazsa iflas bayra\u011f\u0131 \u00e7ekeceklerini s\u00f6ylemi\u015fti. O g\u00fcn geldi \u00e7att\u0131. Peki bug\u00fcn Yunanistan iflas\u0131n\u0131 a\u00e7\u0131klar m\u0131 derseniz, bizce bunun cevab\u0131 hay\u0131r. G\u00f6r\u00fc\u015fmeler devam ediyor ve bu s\u00fcre\u00e7te Papadimos\u2019un b\u00f6yle bir karar\u0131 a\u00e7\u0131klamas\u0131 \u00e7ok zor. Fakat g\u00f6r\u00fc\u015fmelerin uzamas\u0131 tahamm\u00fcl s\u0131n\u0131rlar\u0131n\u0131 da zorluyor. Bu s\u00fcre\u00e7 Euro \u00fczerinde de \u00f6nemli bir bask\u0131 yarat\u0131yor. FED\u2019in \u00fc\u00e7\u00fcnc\u00fc parasal geni\u015fleme sinyali ile 1,32\u2019nin \u00fczerini test eden Euro\/Dolar paritesi bug\u00fcn yeniden 1,3050\u2019nin alt\u0131nda. Yunanistan konusunda bir anla\u015fma \u00e7\u0131kana kadar senaryolar \u00fczerinde \u00e7ok fazla konu\u015fmaya gerek olmad\u0131\u011f\u0131n\u0131 d\u00fc\u015f\u00fcn\u00fcyoruz. Fakat senaryo ne olursa olsun, Yunanistan konusunda al\u0131nan karar bir s\u00fcre heyecan yaratsa da ard\u0131ndan mutlaka bu karar\u0131n zarar verdi\u011fi kurumlar\/bankalar ve di\u011fer \u00fclkelere olan maliyeti konu\u015fulmaya ba\u015flanacakt\u0131r, diye d\u00fc\u015f\u00fcn\u00fcyoruz. Bu nedenle a\u00e7\u0131klanacak karar sonras\u0131 temkinli olmakta fayda oldu\u011funu d\u00fc\u015f\u00fcn\u00fcyoruz. <\/span><\/p>\n<p style=\"text-align: justify\"><strong><span style=\"font-family: Calibri\">ABD\u2019de \u00f6zel sekt\u00f6r istihdam\u0131 \u00f6nemli\u00a0<\/span><\/strong><strong><span style=\"font-family: Calibri\">\u00a0<\/span><\/strong><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Calibri\">Bug\u00fcn ABD\u2019de TS\u0130 15:15\u2019te ADP \u00f6zel sekt\u00f6r istihdam verisi ve 17:00\u2019da da ocak ay\u0131 ISM imalat endeksi a\u00e7\u0131klanacak \u00f6nemli veriler. ABD taraf\u0131nda d\u00fcnk\u00fc t\u00fcketici g\u00fcveni sonras\u0131 a\u00e7\u0131klanan verilerin etkisinin artmas\u0131 beklenebilir. Bug\u00fcn bu verilerde de bir bozulma g\u00f6r\u00fclecek olursa, d\u00fcn s\u0131n\u0131rl\u0131 olan sat\u0131\u015flar bug\u00fcn \u00e7ok daha sertle\u015febilir. Olumlu gelecek veriler ciddi bir heyecan yaratm\u0131yorsa da ABD endekslerinde de olabilecek bir kar realizasyonuna kar\u015f\u0131 haz\u0131rl\u0131kl\u0131 olunmal\u0131.\u00a0\u00a0 <\/span><\/p>\n<p style=\"text-align: justify\"><strong><span style=\"font-family: Calibri\">\u00d6zetle\u2026<\/span><\/strong><\/p><div class=\"bilge-content-1\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-2339515686\"><ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-7495567325667578\"\r\n     data-ad-slot=\"3167340272\"\r\n     data-ad-format=\"rectangle\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p style=\"text-align: justify\"><span style=\"font-family: Calibri\">Son birka\u00e7 g\u00fcnd\u00fcr \u0130MKB i\u00e7in s\u00fcrekli dile getirdi\u011fimiz temkinli davranmak gerekti\u011fi \u00e7a\u011fr\u0131m\u0131zda \u0131srar etmeye devam ediyoruz. \u00d6nemli bir diren\u00e7 b\u00f6lgesi i\u00e7indeyiz ve bu diren\u00e7 b\u00f6lgesinin ak\u0131lc\u0131 olarak a\u015f\u0131labilmesi i\u00e7in \u00e7ok iyimser bir beklentiye ihtiya\u00e7 duyuldu\u011funu d\u00fc\u015f\u00fcn\u00fcyoruz. \u015euan i\u00e7in biz bu y\u00f6nde bir beklenti g\u00f6remedi\u011fimiz i\u00e7in de temkinli davranmay\u0131 tercih ediyoruz. <\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Calibri\">PDF Format\u0131: <a href=\"http:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2012\/02\/010212_Gunluk-Strateji.pdf\" data-wpel-link=\"internal\">010212_Gunluk Strateji<\/a><\/span><\/p>\n<p style=\"text-align: justify\"><strong><span style=\"font-size: small\"><span style=\"font-family: Calibri\">\u00dczeyir DO\u011eAN \/ Ara\u015ft\u0131rma M\u00fcd\u00fcr\u00fc<br \/>\n<\/span><\/span><\/strong><strong><span style=\"font-size: small\"><span style=\"font-family: Calibri\">MARBA\u015e Menkul De\u011ferler<br \/>\n<\/span><\/span><\/strong><strong><a href=\"mailto:uzeyir.dogan@marbasmenkul.com.trTelefon\">uzeyir.dogan@marbasmenkul.com.tr<\/a><\/strong><a href=\"mailto:uzeyir.dogan@marbasmenkul.com.trTelefon\"><strong><span style=\"font-size: small\"><span style=\"font-family: Calibri\"><br \/>\nTelefon<\/span><\/span><\/strong><\/a><strong>: (0212) 286 30 00<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00d6nemli diren\u00e7 seviyelerine gelen endekslerde d\u00fcn gelen olumsuz veri ve a\u00e7\u0131klamalar bir miktar sat\u0131\u015f getirdi. Bu sat\u0131\u015ftan son g\u00fcnlerde pozitif ayr\u0131\u015fan \u0130MKB\u2019de nasibini fazlas\u0131yla ald\u0131.&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4711,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11098","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tumyazilar"],"_links":{"self":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/11098","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/comments?post=11098"}],"version-history":[{"count":0,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/11098\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media\/4711"}],"wp:attachment":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media?parent=11098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/categories?post=11098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/tags?post=11098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}