HGSI Doc – The Greeks have voted!

Happy 4th of July and thanks to all who have served.

The Greeks have voted and the early returns suggest that they are ready to say no to austerity. I bet Germany and the rest of the EU are feeling like parents today. Will they reward the tantrum with a new deal (allowance) and open the Greek Banks or will they kick the kids out of the house (EU)?

Regardless of the answer, this issue is likely to dominate trading again this week, while closer to home we await further news out of our own debt laden island of Puerto Rico. Please join me on my somewhat Bearish top down review.

 

Jeffrey