{"id":26595,"date":"2013-07-17T11:20:44","date_gmt":"2013-07-17T09:20:44","guid":{"rendered":"http:\/\/www.bilgeyatirimci.com\/?p=26595"},"modified":"2013-07-17T11:20:44","modified_gmt":"2013-07-17T09:20:44","slug":"yatirimci-turkiyede-uzun-doneme-odaklanmali","status":"publish","type":"post","link":"https:\/\/www.bilgeyatirimci.com\/i\/yatirimci-turkiyede-uzun-doneme-odaklanmali\/","title":{"rendered":"Yat\u0131r\u0131mc\u0131 T\u00fcrkiye&#8217;de Uzun D\u00f6neme Odaklanmal\u0131"},"content":{"rendered":"<p>Singapur merkezli Franklin Templeton&#8217;\u0131n Geli\u015fmekte Olan Piyasalar Grubu Ba\u015fkan\u0131\u00a0Mark Mobius, k\u00fcresel ekonomik geli\u015fmeler nedeniyle\u00a0T\u00fcrkiye&#8217;nin de i\u00e7erisinde bulundu\u011fu geli\u015fmekte olan ekonomilerde herhangi bir ani duru\u015fun (sudden stop) ya\u015fanmayaca\u011f\u0131n\u0131 s\u00f6yledi.<\/p><div class=\"bilge-yaziust\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-2805816036\"><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>ABD Merkez Bankas\u0131\u00a0FED&#8217;in tahvil al\u0131mlar\u0131n\u0131 \u00f6nce yava\u015flatma daha sonra da durdurma y\u00f6n\u00fcndeki kararan\u0131na ili\u015fkin AA muhabirinin sorular\u0131n\u0131 yan\u0131tlayan Mobius, &#8220;FED&#8217;in k\u0131sa vadeli etkiler geli\u015fmekte olan ekonomilerin performans\u0131nda kar\u0131\u015f\u0131k seyre neden olsa da, bizim d\u00fc\u015f\u00fcncemiz geli\u015fmekte olan ekonomilerdeki varl\u0131klar\u0131n uzun vadede g\u00fc\u00e7l\u00fc b\u00fcy\u00fcme getirece\u011fi y\u00f6n\u00fcndedir. Geriye d\u00f6n\u00fcp bakarsak, 10-12 y\u0131ll\u0131k d\u00f6nemde, geli\u015fmekte olan piyasalar\u0131n geli\u015fmi\u015f ekonomilerin piyasalar\u0131ndan daha iyi performans sergiledi\u011fini g\u00f6r\u00fcr\u00fcz&#8221; dedi.<\/p>\n<p>FED&#8217;in\u00a0parasal geni\u015fleme\u00a0ve tahvil al\u0131m\u0131ndan kademeli\u00a0\u00e7\u0131k\u0131\u015f\u0131n\u0131n\u00a0T\u00fcrkiye&#8217;nin de i\u00e7erisinde bulundu\u011fu geli\u015fmekte olan ekonomilerin uzun vadede performanslar\u0131n\u0131 etkilemeyece\u011fini belirten Mobius, \u015funlar\u0131 kaydetti:<\/p>\n<p>&#8220;Bunun herhangi bir ani duru\u015fa neden olaca\u011f\u0131n\u0131 d\u00fc\u015f\u00fcnm\u00fcyorum. K\u0131sa vadeli K\u00fcresel GSYH&#8217; tahminlerine ili\u015fkin baz\u0131 piyasalardaki \u00e7eyrek verilerinin a\u00e7\u0131klanmas\u0131n\u0131n ard\u0131ndan karma\u015f\u0131k beklentiler olu\u015ftu. Biz (k\u00fcresel b\u00fcy\u00fcmede) 2012&#8217;nin en dip olarak kalmas\u0131n\u0131, 2013 ve \u00f6n\u00fcm\u00fczdeki y\u0131llarda b\u00fcy\u00fcmenin yeniden h\u0131z kazanmas\u0131n\u0131 bekliyoruz. Dahas\u0131 2013 y\u0131l\u0131nda ve gelecekte, geli\u015fmekte olan piyasalar\u0131n, geli\u015fmekte olan ekonomilerden \u00e7ok daha g\u00fc\u00e7l\u00fc olmaya devam etmesini bekliyoruz.&#8221;<\/p>\n<p><strong>&#8211; &#8220;Piyasay\u0131 bankalar hareketlendirecek&#8221;<\/strong><\/p>\n<p>FED\u00a0Ba\u015fkan\u0131 Ben Bernanke&#8217;nin bug\u00fcn\u00a0T\u00fcrkiye\u00a0saatiyle 15.25&#8217;te Kongre konu\u015fmas\u0131n\u0131n \u00f6ncesinde,\u00a0FED\u00a0politikalar\u0131n\u0131 de\u011ferlendiren Mobius, ilerleyen s\u00fcre\u00e7te\u00a0parasal geni\u015fleme\u00a0ile yarat\u0131lan likiditenin nas\u0131l kullan\u0131laca\u011f\u0131n\u0131n giderek daha \u00e7ok \u00f6nem kazanaca\u011f\u0131n\u0131 vurgulad\u0131.<\/p>\n<p>Mobius, \u015f\u00f6yle devam etti:<\/p>\n<p>&#8221;\u00a0FED\u00a0k\u00fcresel sisteme inan\u0131lmaz b\u00fcy\u00fckl\u00fckte para pompalad\u0131. Bu paran\u0131n \u00e7ok b\u00fcy\u00fck bir k\u0131sm\u0131 halen bankalarda duruyor. Bankalar kendi bilan\u00e7olar\u0131n\u0131 g\u00fc\u00e7lendirmek i\u00e7in bu paralar\u0131 devlet tahvillerine yat\u0131r\u0131lm\u0131\u015f durumda. Fakat \u015fimdi bankalar bu paran\u0131n azald\u0131\u011f\u0131n\u0131 g\u00f6rd\u00fck\u00e7e, karlar\u0131n\u0131 art\u0131rabilmek i\u00e7in ger\u00e7ek anlamda kredi verme yoluna giderecekler. Bu anlamda kredi i\u015flemlerinde faiz d\u00f6n\u00fc\u015f\u00fc, devlet tahvillerininkinden daha y\u00fcksek olacak. Ger\u00e7ek \u015fu ki, ABD hisse senedi piyasas\u0131 \u00e7ok y\u00fckselmi\u015fti. Bu da\u00a0FED&#8217;in piyasalar\u0131 nas\u0131l besledi\u011finin bir g\u00f6stergesi&#8230;&#8221;<\/p><div class=\"bilge-content-1\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-187611541\"><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><strong>-&#8220;Yat\u0131r\u0131mc\u0131 uzun d\u00f6neme odaklans\u0131n&#8221;<\/strong><\/p>\n<p>T\u00fcrkiye&#8217;de 31 May\u0131s&#8217;tan beri ya\u015fanan Gezi Park\u0131 odakl\u0131 geli\u015fmeleri de de\u011ferlendiren Mobius, yat\u0131r\u0131mc\u0131lara\u00a0T\u00fcrkiye&#8217;deki uzun vadeli f\u0131rsatlara odaklanmas\u0131n\u0131 \u00f6nerdi\u011fi ge\u00e7en ay ki\u015fisel blo\u011fundan yay\u0131nlad\u0131\u011f\u0131 bilgi notunun halen ge\u00e7erlili\u011fini korudu\u011funu belirterek, &#8220;Ben yat\u0131r\u0131mc\u0131lara\u00a0T\u00fcrkiye&#8217;deki uzun d\u00f6nem f\u0131rsatlara odaklanman\u0131n ve k\u0131sa d\u00f6nemli sorunlardan korkmaman\u0131n \u00f6nemini hat\u0131rlat\u0131yorum&#8221; dedi.<\/p>\n<p>AA<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Singapur merkezli Franklin Templeton&#8217;\u0131n Geli\u015fmekte Olan Piyasalar Grubu Ba\u015fkan\u0131\u00a0Mark Mobius, k\u00fcresel ekonomik geli\u015fmeler nedeniyle\u00a0T\u00fcrkiye&#8217;nin de i\u00e7erisinde bulundu\u011fu geli\u015fmekte olan ekonomilerde herhangi bir ani duru\u015fun (sudden&hellip;<\/p>\n","protected":false},"author":2,"featured_media":4354,"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-26595","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\/26595","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/comments?post=26595"}],"version-history":[{"count":0,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/26595\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media\/4354"}],"wp:attachment":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media?parent=26595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/categories?post=26595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/tags?post=26595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}