All Forums | Investments

Greece & Puerto Rico?

Participants:

Posts: 4

JROCK1966

Captain

Joined: Oct, 2007

Posts: 8237

Posted: Jul. 1, 2015 - 1:52 PM ET #1

How will their defaults affect Wall Street?

Culls17

Veteran

Joined: Nov, 2002

Posts: 1174

Posted: Jul. 3, 2015 - 1:49 PM ET #2

um... more concerned about Puerto Rico then Greece however a Greece default is minor compared to when Spain and Italy default

short the euro long

mr_bollox

All-Star

Joined: Oct, 2009

Posts: 14400

Posted: Jul. 4, 2015 - 2:33 PM ET #3

you will only get a proper "adjustment" to the DOW for unexpected occurrences, the Greece situation has been going for a while and its much more to do with the future of the EU than the country itself, PR has a tiny economy compared to the smallest US state so again, small potatoes, market will get back any losses incurred this week.

MrECapps

Veteran

Joined: Jan, 2008

Posts: 1097

Posted: Jul. 7, 2015 - 12:51 PM ET #4

Already priced in.

All Forums | Investments

Greece & Puerto Rico?

Hot Forum Topics