Atilla Yeşilada Warns of Three Critical Risks for Borsa Istanbul: Is a 15% Correction Imminent?

Rise and Potential Risks in Borsa Istanbul Borsa Istanbul continues to stand out among emerging markets with the gains it has provided to investors since the beginning of the year.
While economist Atilla Yeşilada maintains a positive outlook on the stock market's potential for this year, he highlighted three fundamental risk factors that could shake the markets in the coming three-month period.
Three Fundamental Dangers Awaiting the Markets According to Yeşilada, the primary elements that could create volatility in the markets in the upcoming period are: Geopolitical Tensions: A potential conflict between Iran and the US/Israel is predicted to drive up oil prices, putting pressure on Borsa Istanbul.
Political Developments: Unexpected scenarios in domestic politics could impact market stability.
Monetary Policies: The expectation that both the US Federal Reserve (Fed) and the Central Bank of the Republic of Turkey (CBRT) will not cut interest rates in March is considered a critical factor for market dynamics.
Valuations and Correction Expectations Touching upon technical data in the market, Yeşilada stated that Price/Earnings (P/E) and EBITDA multiples have reached quite high levels.
Emphasizing that it has become difficult to find stocks that will outperform the index during this period, he stressed that investors should be prepared for a possible 10-15% pullback within the next month.