The Unusual Calm in Global Markets and Erdogan's Ambitious Plans for Turkey

Ben H.

Hatched by Ben H.

Jun 05, 2024

3 min read


The Unusual Calm in Global Markets and Erdogan's Ambitious Plans for Turkey


In recent months, global markets have displayed an unusual calmness, disregarding factors that would have previously caused significant turmoil. Meanwhile, Turkish President Recep Tayyip Erdogan, after overcoming a major election challenge, is now focused on establishing Turkey as a prominent player on the world stage. These seemingly unrelated events raise questions about the rationality of the markets and the ambitions of political leaders. Let's delve into these issues and uncover their underlying connections.

The Revenge of the Quant Funds:

Stock markets have defied expectations by remaining unfazed in the face of stress in the banking sector, persistent inflation, and interest rate hikes. This contrasts starkly with the previous year, where such events wreaked havoc on stock prices. While some may argue that these calm markets indicate rationality, others question whether algorithms and quant funds have lost sight of reality. These sophisticated computer-driven trading strategies may be behind the resilience of the markets, as they react swiftly to changing conditions and continuously rebalance portfolios. The revenge of the quant funds is an intriguing phenomenon that illustrates the evolving dynamics of financial markets.

Turkey's Ambitions on the World Stage:

President Erdogan, having secured a significant victory in the elections, now aims to consolidate Turkey's position as a global power. Referencing the conquest of Istanbul, Erdogan emphasizes the historical significance of his presidency and declares the upcoming period as a turning point in history. By focusing on Turkey's place on the map, Erdogan seeks to assert the country's influence not only in the Middle East but also on a global scale. This ambition reflects a growing trend among emerging economies, as they strive to enhance their geopolitical standing and economic prowess.

The Nexus between Calm Markets and Political Ambitions:

Although seemingly unrelated, the tranquility of global markets and Erdogan's aspirations share underlying similarities. Both phenomena are driven by a sense of confidence and the perception of stability. Calm markets indicate investors' trust in the current economic environment, while Erdogan's ambitions signify his belief in Turkey's potential to exert influence beyond its borders. Both instances rely on maintaining stability and projecting an image of strength in the face of external challenges.

Actionable Advice:

1. Diversify Your Investment Portfolio:

While the revenge of the quant funds has contributed to market stability, it's essential for individual investors to diversify their portfolios. By spreading investments across different asset classes, sectors, and regions, one can mitigate risks and capitalize on potential opportunities in uncertain times.

2. Stay Informed and Analyze Geopolitical Developments:

As emerging economies like Turkey aim to enhance their global presence, geopolitical events can significantly impact investment landscapes. Stay informed about political developments, consider their potential repercussions on markets, and adjust investment strategies accordingly. Conduct thorough research and consult with financial advisors to make informed decisions.

3. Assess Long-Term Viability:

When evaluating investment opportunities, consider the long-term viability of a country's political and economic ambitions. While short-term market fluctuations may be influenced by various factors, understanding the underlying fundamentals and stability of a nation can guide investment decisions that align with your financial goals.


The calmness displayed by global markets and Erdogan's focus on Turkey's global standing may appear unrelated at first glance. However, these seemingly disparate events reflect the evolving dynamics of the financial world and the ambitions of emerging economies. By understanding the nexus between market stability and political aspirations, investors can navigate uncertain times while capitalizing on potential opportunities. Diversification, staying informed about geopolitical developments, and assessing long-term viability are key actionable steps to successfully navigate this complex landscape.

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