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When Greece defaults should we buy on the bullets? And if so, what?
Comments
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Although it's been expected that Greece will default for some considerable time, and everybody sagely repeats the mantra that such an eventuality is "priced in" that still hasn't stopped the FTSE plunging by over 200 points on today's announcement that the Greek bailout has been put on hold.
Sometimes Mr Market can be incredibly opaque to earnest outsiders.0 -
Although it's been expected that Greece will default for some considerable time, and everybody sagely repeats the mantra that such an eventuality is "priced in" that still hasn't stopped the FTSE plunging by over 200 points on today's announcement that the Greek bailout has been put on hold.
Sometimes Mr Market can be incredibly opaque to earnest outsiders.
And sometimes it's because Mr Market has a new and unexpected story to tellLiving for tomorrow might mean that you survive the day after.
It is always different this time. The only thing that is the same is the outcome.
Portfolios are like personalities - one that is balanced is usually preferable.
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