{"id":13054,"date":"2012-03-19T15:31:42","date_gmt":"2012-03-19T13:31:42","guid":{"rendered":"http:\/\/www.bilgeyatirimci.com\/?p=13054"},"modified":"2012-03-19T15:31:51","modified_gmt":"2012-03-19T13:31:51","slug":"kuresel-piyasalar-madalyona-niye-diger-yuzunden-bakti","status":"publish","type":"post","link":"https:\/\/www.bilgeyatirimci.com\/i\/kuresel-piyasalar-madalyona-niye-diger-yuzunden-bakti\/","title":{"rendered":"K\u00fcresel piyasalar madalyona niye di\u011fer y\u00fcz\u00fcnden bakt\u0131"},"content":{"rendered":"<p>\u00d6nce Yunanistan&#8217;\u0131n bor\u00e7 yap\u0131lanmas\u0131 resmen onayland\u0131. Art\u0131k Yunanistan fakt\u00f6r\u00fc global bir etki olmaktan \u00e7\u0131kt\u0131, yerelle\u015fti. AB, krizi a\u015fmada en \u00f6nemli kav\u015fa\u011f\u0131 ge\u00e7ti.<br \/>\nBu ad\u0131mlar\u0131n yan\u0131 s\u0131ra son d\u00f6nemde ABD ekonomisine y\u00f6nelik g\u00fc\u00e7l\u00fc verilerin gelmesi Merkez Bankas\u0131 FED&#8217;in faiz karar\u0131 toplant\u0131s\u0131nda de\u011ferlendirildi. Ekonominin iyile\u015fmekte oldu\u011fu g\u00f6r\u00fc\u015f\u00fcn\u00fcn FED taraf\u0131ndan payla\u015f\u0131lmas\u0131 \u00fc\u00e7\u00fcnc\u00fc parasal geni\u015fleme ihtimalini iyice zay\u0131flatt\u0131. Yeni parasal geni\u015fleme umudunun suya d\u00fc\u015fmesi daha \u00f6nce piyasalar taraf\u0131ndan negatif alg\u0131land\u0131, sat\u0131\u015flarla kar\u015f\u0131land\u0131. Ama bu kez bunun tersi ger\u00e7ekle\u015fti.<br \/>\n<strong>DO\u011eRU YOLA GELD\u0130LER:\u00a0<\/strong>\u00c7\u00fcnk\u00fc piyasalar madalyonun \u00f6teki y\u00fcz\u00fcnden bakmay\u0131 tercih etti. Bu tercih de\u011fi\u015fikli\u011fi piyasalar\u0131n normal veya do\u011fru yola gelmesi. \u00c7\u00fcnk\u00fc parasal paket ancak ekonominin k\u00f6t\u00fcye gitmesi durumunda g\u00fcndeme gelecek. Dolay\u0131s\u0131yla bunun ger\u00e7ekle\u015fmesi k\u00f6t\u00fcye gidi\u015fin tescillenmesi ama piyasalar bunu iyi bir \u015feymi\u015f gibi de\u011ferlendiriyor. Bu rasyonel ekonomik beklentilere de ayk\u0131r\u0131.<br \/>\n<strong><\/strong><\/p><div class=\"bilge-yaziust\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-678518607\"><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><strong>KR\u0130T\u0130K E\u015e\u0130KLER A\u015eILDI:\u00a0<\/strong>K\u00fcresel piyasalar bak\u0131\u015f a\u00e7\u0131lar\u0131n\u0131 de\u011fi\u015ftirip do\u011fru pencereye ge\u00e7ince kritik e\u015fikler birer birer a\u015f\u0131ld\u0131.<br \/>\n\u25a0 Dow Jones 13 bini, S&amp;P 500 1.400&#8217;\u00fc, Nasdaq 3.000&#8217;i a\u015ft\u0131. Korku endeksi VIX de Haziran 2007 sonras\u0131nda ilk kez 13.66 seviyesine d\u00fc\u015ft\u00fc.<br \/>\n\u25a0 Daha \u00f6nemli de\u011fi\u015fim ise hazine faizlerinde ya\u015fand\u0131. D\u00fcnya para piyasalar\u0131na y\u00f6n veren ABD ve Alman 10 y\u0131ll\u0131k hazine faizleri y\u00fczde 2&#8217;nin \u00fczerine s\u0131\u00e7rad\u0131. ABD 10 y\u0131ll\u0131klar y\u00fczde 2.02&#8217;den 2.36&#8217;ya, Alman 10 y\u0131ll\u0131klar y\u00fczde 1.79&#8217;dan 2.07&#8217;ya kadar \u00e7\u0131kt\u0131.<br \/>\nEkonomilerin toparlanmas\u0131yla risk alma i\u015ftah\u0131 artarken paran\u0131n s\u0131\u011f\u0131nd\u0131\u011f\u0131 hazine k\u00e2\u011f\u0131tlar\u0131ndan \u00e7\u0131kmas\u0131na ve faizlerin normalle\u015fmesine yol a\u00e7\u0131yor. Bir de canlanacak ekonomide daha y\u00fcksek faizlere uyum \u015fimdiden ba\u015fl\u0131yor. \u00d6n\u00fcm\u00fczdeki d\u00f6nemde de faizlerde d\u00fc\u015fme de\u011fil, y\u00fckselme bekleniyor.<br \/>\n<strong><\/strong><\/p>\n<p><strong>FA\u0130Z\u0130N D\u00d6N\u00dc\u015e\u00dc M\u00dc:\u00a0<\/strong>Bu a\u00e7\u0131dan bak\u0131l\u0131nca Amerikan faizlerinin 1980 ba\u015f\u0131nda y\u00fczde 14 seviyesinden ba\u015flayan uzun vadeli d\u00fc\u015f\u00fc\u015f\u00fcn\u00fcn son k\u00fcresel krizde dip yapt\u0131\u011f\u0131 s\u00f6ylenebilir. Bu durumda 23 Eyl\u00fcl 2011 &#8216;deki ABD faizinde y\u00fczde 1.67&#8217;lik, Alman faizinde y\u00fczde 1.63&#8217;l\u00fck faiz dip olabilir. \u0130stisnai bir durum olan kriz d\u00f6nemi faizi yak\u0131n zamanda bir daha g\u00f6r\u00fclemeyebilir. Ekonomide d\u00fczelmeyle faizlerin uzun vadeli d\u00fc\u015f\u00fc\u015f\u00fc durmu\u015f veya bitmi\u015f olabilir. Yukar\u0131ya d\u00f6n\u00fc\u015f\u00fcn kal\u0131c\u0131 olup olmayaca\u011f\u0131n\u0131 ise krizin seyri ve ekonomideki d\u00fczelmenin yeni bir kesintiye u\u011fray\u0131p u\u011framayaca\u011f\u0131 belirleyecek.<\/p>\n<p><strong>Yaz\u0131n\u0131n devam\u0131 i\u00e7in <a href=\"http:\/\/www.bloomberght.com\/ht-yazarlar\/abdurrahman-yildirim\/1105107-kuresel-piyasalar-madalyona-niye-diger-yuzunden-bakti\" target=\"_blank\" data-wpel-link=\"external\" rel=\"nofollow external noopener\">TIKLAYINIZ.<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00d6nce Yunanistan&#8217;\u0131n bor\u00e7 yap\u0131lanmas\u0131 resmen onayland\u0131. Art\u0131k Yunanistan fakt\u00f6r\u00fc global bir etki olmaktan \u00e7\u0131kt\u0131, yerelle\u015fti. AB, krizi a\u015fmada en \u00f6nemli kav\u015fa\u011f\u0131 ge\u00e7ti. Bu ad\u0131mlar\u0131n yan\u0131&hellip;<\/p>\n","protected":false},"author":994,"featured_media":12631,"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-13054","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\/13054","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\/994"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/comments?post=13054"}],"version-history":[{"count":0,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/13054\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media\/12631"}],"wp:attachment":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media?parent=13054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/categories?post=13054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/tags?post=13054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}