How You Can Profit if Greece Defaults
Considering S&P downgraded nine European countries last Friday, markets on the Continent have stayed stubbornly positive. The euro has bounced of its lows and European stock markets are trading higher than they were before the downgrades.
Even as European officials descend on Athens today to negotiate with the Greek government on its debt, it feels like investors have simply hit the point of crisis fatigue. With the annualized yield on a €14.5 billion Greek bond maturing in March hitting a high of 715% on Monday, Greek default already appears to be a fait accompli. ...494 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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