Do investors need to worry about Greece’s election on Sunday?

Zestilio · Sep 15, 2015

The last time Greeks went to the polls, global markets tumbled.

One risk is that there could be tetchy post-election talks between Syriza and New Democracy in order to form a coalition government, as Bloomberg has pointed out. That could hinder Greece from implementing the terms of its latest bailout.

So should investors worry about the vote on Sunday?

emg · Sep 15, 2015

u mean do small investors need to be worry.

Visaria · Sep 15, 2015

Zestilio said:
The last time Greeks went to the polls, global markets tumbled.

One risk is that there could be tetchy post-election talks between Syriza and New Democracy in order to form a coalition government, as Bloomberg has pointed out. That could hinder Greece from implementing the terms of its latest bailout.

So should investors worry about the vote on Sunday?

No, Greece is old news...no one cares.

Troy Bombardia · Sep 15, 2015

Greece is irrelevant to the big picture. Markets didn't fall because of Greece. The U.S. market fell because after a massive rally in 2013 and 2014, a big correction was long overdue.

http://investingtrack.com/how-this-correction-will-play-out-part-two/

clacy · Sep 15, 2015

Visaria said:
No, Greece is old news...no one cares.

Agreed. No one cares if Greece stays and goes any more. They are insignificant, and freaking out every time there is an election in Greece going forward, will not help.

Zestilio · Sep 16, 2015

Ok, then what was all this Grexit mess about? If we forgot about it so soon, it was all speculative and not really significant.

Visaria · Sep 16, 2015

grexit mess? what's that all about?

markets are wholly focussed on the monetary policy of the US, the biggest economy in the world, they have no interest in anything else, and certainly not in the election results of some poxy little place called Greece.

dealmaker · Sep 17, 2015

Zestilio said:
The last time Greeks went to the polls, global markets tumbled.

One risk is that there could be tetchy post-election talks between Syriza and New Democracy in order to form a coalition government, as Bloomberg has pointed out. That could hinder Greece from implementing the terms of its latest bailout.

So should investors worry about the vote on Sunday?

No because the last negotiations with Germany showed that all the supposed power the Greeks had IE leaving Euro, was not.