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Why Turkey's Currency Crisis Is Great News for Your Portfolio

Over the last week, Turkey's currency crisis has sent waves through global financial markets, rattling Wall Street and pushing all major indexes into the red. On Wednesday (Aug. 16), the Dow fell as much as 270 points as investors pulled the plug on major investments while the Nasdaq fell over 1.2%. When major indexes drop like this, it's normal to wonder if this is the beginning of a long-term sell-off. However, there's no reason to panic as Wall Street loses its shirt. Tags: Turkey To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2018 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Why Turkey's Currency Crisis Is Great News for Your Portfolio appeared first on Money Morning - We Make Investing Profitable .
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