Piyasalarda yeni y\u0131l\u0131n ba\u015f\u0131ndan \u015fubat sonuna kadar s\u00fcren y\u00fckseli\u015f e\u011filimi, son g\u00fcnlerde duruldu. E\u011filim tersine d\u00f6nmeye ba\u015flad\u0131.
\nBa\u015flang\u0131\u00e7ta Avrupa’daki krizi sonland\u0131rabilecek ad\u0131mlar\u0131 ilgiyle izleyen ve\u00a0\u00a0 ‘ gerekli likiditeyi de bulan piyasalar, risk i\u015ftahlar\u0131n\u0131 da art\u0131rd\u0131lar. ABD, Avrupa ve geli\u015fen \u00fclke piyasalar\u0131nda y\u00fckseli\u015fler piyasa oyuncular\u0131na iyi getiriler sa\u011flad\u0131.
\nBiz de bu havadan yararland\u0131k. Ge\u00e7en y\u0131l\u0131n son g\u00fcnlerini stres alt\u0131nda ge\u00e7iren T\u00fcrk finans piyasalar\u0131, d\u00f6viz giri\u015flerinin artmas\u0131yla sorununu \u00e7\u00f6zd\u00fc.
\nNe var ki bu y\u00fckseli\u015f ivmesi mart ay\u0131 ba\u015f\u0131nda tersine d\u00f6nd\u00fc.
\nD\u00fcnya piyasalar\u0131nda k\u0131sa d\u00f6nemde Yunanistan bor\u00e7 takas\u0131n\u0131n ger\u00e7ekle\u015fmeyece\u011fi ya da Portekiz’in sorunlar\u0131n\u0131n a\u011f\u0131rl\u0131\u011f\u0131 sonucu s\u0131radaki \u00fclke konumuna girdi\u011fi konular\u0131 ortaya at\u0131ld\u0131ysa da ger\u00e7ek nedenlerin bu olmad\u0131\u011f\u0131 kan\u0131s\u0131nday\u0131m.
\nAvrupa Merkez Bankas\u0131’n\u0131n (AMB) sa\u011flad\u0131\u011f\u0131 1 trilyon Euro tutar\u0131ndaki orta d\u00f6nemli ve y\u00fczde 3 faizli fonun, 827 milyar Euro’luk k\u0131sm\u0131n\u0131n AMB’de mevduat \u015feklinde tutulmas\u0131n\u0131n ba\u015fka saiklere dayand\u0131\u011f\u0131 kan\u0131s\u0131nday\u0131m.
\nBunlar\u0131n ba\u015f\u0131nda finans sistemindeki oyuncular\u0131n karar vermesi i\u00e7in gerekli ortam\u0131n h\u00e2l\u00e2 olu\u015fmad\u0131\u011f\u0131n\u0131 d\u00fc\u015f\u00fcnmeleri geliyor. \u00d6zetle karars\u0131zlar.
\nB\u00f6yle karars\u0131z ve y\u00f6n\u00fcn\u00fc saptayamayan piyasalar genelde olumlu hik\u00e2ye ararlar.
\nB\u00f6yle bir hik\u00e2ye de \u015fimdilik ortada yok.<\/p>