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What happens if...

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Views: 419
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Prospect
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Joined: Nov, 2007
Posts: 8
Posted: #1
a Greek government defaults? What will that do to the dollar? The US stock market?
What are your high/low predictions for the US dollar/ DOW if this were to occur?

How can one position for such an event? BGZ?

 
Covers Linesmen
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Joined: Feb, 2003
Posts: 58464
Posted: #2
It will hurt the Euro, help the dollar and probably ding the US markets to a degree..


 
 
Veteran
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Joined: Sep, 2001
Posts: 4877
Posted: #3
Most likely they will eventually default and that is for the best.  There is no way they can reach capital requirements.  The best way to play it would probaly just short the euro.
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