Kicking the can down the road

Posted on June 17, 2012 by ScottC

It looks like the pro-bailout party is going to win in Greece, which means Greece will continue with mandated austerity and Europe will continue to bail out Greece. At least for a time.

Markets in Japan haven’t opened yet, but stocks should rally and bonds will sell off, at least temporarily.

Filed under: EU, Greece | 11 Comments »