The drama continues with Greeks and their bill collectors. Every delay and unfortunate twist holds world equities hostage. Which way will the market go? It all depends on Greek Prime Minister Alexis Tsipras.
Which stocks should you be playing?
Nothing.
Cash is king today. Greece has until the end of the month before they are kicked out of the euro. The latest is that tomorrow Greece will ask for a bailout.
Via CNBC — Greece intends to ask for an extension of its loan agreement with the euro zone on Wednesday, a source in Brussels said, distinguishing this from the country’s full bailout program.
Speaking on condition of anonymity, the source said that Athens would request up to a six month extension but the conditions were still under negotiation.
