Market Review and Trends
Greeks say “No” in Referendum vote, what it means for Singapore stocks?
By Singapore Stocks Investing (SSI)  •  July 6, 2015
I woke up this morning and learnt the news that Greece has rejected the austerity demands with about 62% of the referendum votes supporting Alexi Tsipras. Watching the Greece debt talk discussions is akin to watching a “soap opera” and this “soap opera” seems to reach one of the “more exciting” “episodes” now. It does not take a rocket scientist to believe that global stocks including Singapore stocks would head south today. What the vote result means for Singapore stocks? Well, it depends on which side of the “half-full” glass you are looking from. I would believe that there will be even more market opportunities. Markets will respond in tandem with the actions of Greece and Europe, as always. The question is when to enter the stock markets. The next “climax” of this “soap opera” is whether Greece will leave the Eurozone. The possibility of a “Grexit” is now enhanced ......
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By Singapore Stocks Investing (SSI)
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