We have had a few people inquire about the Greek debt crisis and its potential impact to US investors. It is complicated; we hope you enjoy some of these perspectives.
The Greek financial crisis, explained in fewer than 500 words. Vox provides a big picture overview of the Greek debt crisis.
Greece’s Debt Crisis Explained. The New York Times provides a good summary of the current state affairs.
US markets not immune from Greek turmoil. The Greek crisis creates additional risks for investors in the short term, offset by the opportunity for attractive entry points down the road, according to Mohamed El-Erian, chief economic adviser to Allianz, writing in the Financial Times.
Greek mess leads to neutral outlook for US equities. The Greek mess is one of the facets of a neutral outlook for the US equity market this year, according to Liz Ann Sonders of Charles Schwab & Co., Inc. The other facet of a neutral outlook is uncertainty around the Federal Reserve policy and the approach to an initial rate hike.
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J. Mark Nickell & Co.
Disclosure – The articles mentioned in This Week with J. Mark Nickell & Co. are for information and educational purposes only. They represent a sample of the numerous articles that the firm reads each week to stay current on financial and economic topics. The articles are linked to websites separate from the J. Mark Nickell & Co. website. The opinions expressed in these articles are the opinions of the author and not J. Mark Nickell & Co. This is not an offer to buy or sell any security. J. Mark Nickell & Co. is under no obligation to update any of the information in these articles. We cannot attest to the accuracy of the data in the articles.
