Remember that big weekend meeting that was going to the “endgame” for Greece? Our tighter-pantsed cousins in the Euro Zone have put that on hold.
What does it all mean? Everything and nothing. Six more weeks of Headline Risk Winter for sure.
As I’ve been saying, there is no solution in sight, this stuff will dominate the news all summer.
Rather than speculate on how the market will react, let’s get some reactions from The Street’s analysts and let those sink in. Matt Phillips at MarketBeat has collected the views from BNP Paribas, Scotia Bank, JPMorgan Fixed Income, Barclays and Societe Generale. Head over below as we find ourselves right smack in the middle of it all…
Greece: ‘Don’t Let Go of the Air Sickness Bag Just Yet.’ (MarketBeat)
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