With Greece poised to leave the Euro zone, perhaps as soon as June 18th after their elections and Spain having more difficulty – and everyday admitting to needing more money than the previous day, the Euro has suffered. This represents … Continue reading
Looks like Spain, Portugal, Ireland and Italy could potentially join the Gyro zone… When do you think Greece will leave? Which country will be next? We say Portugal.
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We will have more information regarding options, and all of our categories as we grow. In the meantime we recommend our readers watch Options Action on CNBC. They give good explanations of strategies for success with options – one of … Continue reading
Hopefully you didn’t buy the Facebook IPO. Something seems very suspicious with the entire listing, from the sudden issuing of 25% more shares – diluting the value – to the negative outlook strangely offered by the lead underwriter, Morgan Stanley … Continue reading
The rumblings have long since begun. Greece is in no mood for austerity. It does not seem likely that they will stay in the Euro. They don’t want to stop spending, they don’t want to pay the debt and the want more loans. Perhaps they will try the Gyro. Some actually expect them to exit the Euro over the weekend.
Didn’t the Greek government initially misrepresent the economic information in order to admitted to the Euro zone? Why should the Germans (and the other Northern countries) now pay for that? Some have even said their economy is based on sloth and ouzo. That does not sound like a recipe for success.
While initially the Greek exit (Grexit) will cause some instability in the markets, in will likely strengthen the Euro in the long run. Many predict the Mediterranean countries exiting the Euro, leaving a smaller and stronger Euro zone.
Let us know your thoughts.