Friday, June 24, 2011
Waiting for Greece
It is pathetic how this market is all tied up on Greece. The fate of trillions of dollars is in the hands of a bunch of Greek politicians. I just cannot imagine us rallying strong into the austerity vote on Wednesday. There is just too much uncertainty and the short squeeze yesterday on the Greek bailout news have people a bit complacent on Greece at the moment. A lot of dominoes are still to fall in Europe. Austerity vote not passing would bring a chaotic trading environment and would be trader's heaven. Let's hope the Greeks say FU to the EU.
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1 comment:
Greece drama is smokescreen for the real issue at hand which is contracting gdp growth and no jobs.
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