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| | | As Yogi Berra famously quoted, "it ain't over till it's over." Elvis is still in the building. Optimism over a Greek bailout deal has hit a roadblock (again), prompting financial markets to give up some of the gains made over the past few days. But ... |
| | | | Now that Grexit worries have been sorted - sort of - and a Graccident averted (yet again), financial markets are likely to look for the next big worry. They don't have to scour far, wide and yonder - it was out-headlined by Greece these past few days ... |
| | | | Hoo-wow! Houston, we had lift-off. Yes Virginia, financial markets from New York to Rio and old London town lifted off while we slept. Equity markets jumped while bond yields dived. These, because on optimism that a Greco-troika deal would be hammered ... |
| | | | No mA!s! I'm up to my eyeballs with it and it's oozing out of my eyelids. Greece, that is. The Greek tragedy goes on as last Thursday's make or break broke down, necessitating the call for an "emergency summit" later today. But don't hold your breath ... |
| | | | Midnight's been kicked back. Last night was supposed to be the night when the Grexit clock struck 12 - the make or break - and then there's this from the Wall Street Journal (WSJ): "Special summit of eurozone leaders called for Monday". Trust the masters ... |
| | | | "I got chills, they're multiplying..." What's that Virginia? You're sick of hearing and reading about Greece? Not as I am about ranting about it for the umpteenth time, believe you me. Each time the Greek "crisis' re-emerges, we get this volatility ... |
| | | | If it weren't serious dineros we're talking about, I would be laughing...seriously. Yes Virginia, Greece is still the word with newswire services reporting that the duelling parties have upped the ante and hardening their stances. Greek PM Tsipras accused ... |
| | | | Sit down, buckle up and hang on. Houston, we don't have a problem... we now have a crisis (yet again). More precisely, a replay of the Greek debt crisis. Just have a look at some of the headlines this morning: "Stocks all over the world are dropping ... |
| | | | The times, they're NOT a-changin'. Last week's financial market activity ended with news of a Greek deal that turned out... not - almost exactly the same suspense thrilla that we've seen played and replayed since 2010, if my failing memory serves me ... |
| | | | If one were to believe in conspiracy theories, one would suspect that 'the institutions' - perhaps, even Tsipras himself -- have placed a short on Greek bonds and stocks today... and collect the windfall tomorrow. Speculations of rumours of gossips ... |
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