the market reaction to Greece news does not make a lot of sense. on the one hand, US market dropped a lot in Feb seemingly in response to Greek trouble. on the other hand, Greece is still in trouble as far as I can tell except that the crisis has been postponed with the loans - yet US market is moving higher with ANY Greek headline.
Could weak Greece (implying weak EU) be actually good for US because in the end EU is a competitor to US in the global economy?
Could weak Greece (implying weak EU) be actually good for US because in the end EU is a competitor to US in the global economy?