Author

Topic: Frexit & Brexit (Read 526 times)

hero member
Activity: 658
Merit: 500
June 25, 2015, 08:34:24 PM
#5
I think that Greece is a potential catalyst for another stock market colapse.  The market is massively overvalued, and at the point in one of the longest bull runs in history, investors will pull their money at the drop of a hat.  And don't forget that interest rates will be rising soon, so get ready for another bungee jump.

a US stock market collapse? my thinking is that Grexit could cause a massive drop in the Euro, and accordingly, strength in the Dollar. that indeed could catalyze a nice drop in the stock market, as money flows back into less risky assets, like treasuries.

my newbie take on the technicals of the chart is that Euro is actually fairly bullish in the mid/long term. DXY, on the other hand, shows a lot of weakness. while i think a Grexit could cause an initial shock, i think the Euro will likely rally in the aftermath to > 1.14 supply levels.
sr. member
Activity: 479
Merit: 500
June 25, 2015, 07:39:12 PM
#4
I think that Greece is a potential catalyst for another stock market colapse.  The market is massively overvalued, and at the point in one of the longest bull runs in history, investors will pull their money at the drop of a hat.  And don't forget that interest rates will be rising soon, so get ready for another bungee jump.

a US stock market collapse? my thinking is that Grexit could cause a massive drop in the Euro, and accordingly, strength in the Dollar. that indeed could catalyze a nice drop in the stock market, as money flows back into less risky assets, like treasuries.
sr. member
Activity: 378
Merit: 257
June 25, 2015, 07:25:49 PM
#3
I think that Greece is a potential catalyst for another stock market colapse.  The market is massively overvalued, and at the point in one of the longest bull runs in history, investors will pull their money at the drop of a hat.  And don't forget that interest rates will be rising soon, so get ready for another bungee jump.
sr. member
Activity: 479
Merit: 500
June 25, 2015, 07:23:13 PM
#2
the whole Grexit issue if really interesting, in that it may (or may not be) a pandora's box for other countries to exit the union. on one hand, kicking out Greece may bolster the EU economy and the strength of the Euro by increasing confidence and removing the weakest link. on the other, it will empower anti-austerity parties and suggest to other governments that there may be viable alternatives to the EU.
legendary
Activity: 3430
Merit: 1280
English ⬄ Russian Translation Services
June 25, 2015, 12:25:14 PM
#1
Marine Le Pen is ahead of President Francois Hollande, ex-leader Nicolas Sarkozy and Prime Minister Manuel Valls in the first-round presidential election polls in France. She is calling for France to exit the euro. “We’ve won a few months’ respite but the problem will come back,” Le Pen said of Greece in an interview at her National Front party headquarters in Nanterre, near Paris, on Tuesday. “Today we’re talking about Grexit, tomorrow it will be Brexit, and the day after tomorrow it will be Frexit. I’ll be Madame Frexit if the European Union doesn’t give us back our monetary, legislative, territorial and budget sovereignty”

The full article can be found here
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