How serious is this Greek threat to leave the Euro?
Could be just posturing to get a better deal (or help Greek prime minister politically).
The fact that the issue has even come up – that is, that the Greek bailout is failing – seems very negative for fiats in general. Round3 of the bailouts/QE is on deck.
The balance between QE and Treasury supply will begin to shift in July. The underlying bid it has provided for stocks and Treasuries will begin to fade.
This report tells why, and what to look for in the data and the markets. GO TO THE POST