The Greek financial and political crisis continues to run its course. Whilst the Greeks continue to not take responsibility for their own predicament, markets around the world have shown some volatility.
Attached are two views on the current situation from Macquarie and Shane Oliver of AMP.
The Macquarie report is short and sharp whilst the AMP report goes into more detail.
Either way, they give you some insight into what is happening in Greece and its potential effects on world markets.
In summary, they both say the current volatility could continue for a while but shouldn’t stop the current ‘broad rising trend’ (as Shane Oliver stated).
(This article was written by Stephen Mason)