The political turmoil in Greece and uncertainty over the euro zone sent stocks and commodity prices lower in Asia, and fueled a rush into safe-haven German bonds. But financial markets rallied in nervous trading as the likelihood grew that Greece would not hold the highly risky referendum.
Joshua M Brown
Felix Salmon: Europe is Doomed
Felix is perhaps not saying anything unique here, he’s just saying it better than many others have tried…
Super Mario?
The newsflow is coming fast and furious this morning out of Europe.
GREECE TO HOLD REFERENDUM ON THE REFERENDUM
Top cabinet officials in Greece have announced a new nationwide referendum to vote on whether or not to hold a referendum concerning Greece’s continuing membership in the euro zone.
Memo to David Einhorn re: Gold Miner Suckitude
Hedge fund manager David Einhorn is accumulating the gold miners and letting some physical gold go here. Why?
Jodi Beggs on the Quantity Theory of Money
Video.
One Big Fat F***ing ETF, Deal With It
S&P 500 Implied Correlation Index posted its biggest gain in two years of data this week
MMJ Live on Later with Jools Holland
Video.
A Reminder: No One Ever Said This Was Easy
Dan Loeb is an absolute beast and one of the best who’s ever done it in the hedge fund game.
Unemployment by Region
Chart.
