The market is warning the Germans ...bailout Greece or we will send every euro denominated country into the abyss imo
The modest falls on the U.S and FTSE provides clarity of whats being said by the markets to there euro counterparts ... The sell off on Friday (euro linked) and imo is a warning.... a warning I am hoping the germans take ever so seriously.
The run on banks in Greece has begun ... IF Germany decides NOT to bail out Greece ...a run on all the other zombie countries and imo will follow ..To put it simply ...it will be a bloodbath. imo
If they do decide to bailout Greece ...markets should resume there final culminating run ...IF NOT.. the above and imo will come into play.
To conclude ..the Germany mentioned the word " volatility " if a Greek exit is on the cards... IMO the markets will embrace the word to its purist meaning there after change it to "oblivion"
If the moment of truth has a true meaning ...one would assume its now.
The market is warning the Germans ...bailout Greece or we will...
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Last
8,109.9 |
Change
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Mkt cap ! n/a | |||
| Open | High | Low |
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| XJO (ASX) Chart |