• williambanzai7
    09/16/2014 - 12:16
    I have tons of good stuff to post, but this morning I'm feeling something like this...

Greece

Bruce Krasting's picture

Greece, China, USA and the Euro - All Connected?





Some thoughts on where the Greece story may go. Two possible outcomes. They both have significant impacts.

 
Tyler Durden's picture

Daily Credit Summary: December 8 - Greece'd Darkening





Spreads ended the day mixed in the US today with very low intraday ranges and only marginal moves as HY just outperformed IG. Breadth was modestly negative as TMT and CONSumer names underperformed. We note that credit has outperformed equity in the last couple of days as the dollar has sprung higher and perhaps this is another of the coal-mine's canaries that risk-aversion (think steam behind the run) is hitting stocks.

 
Tyler Durden's picture

S&P Prepares To Cut Greece Rating For Second Time In One Year, Here Comes BBB+





Greece was placed on Creditwatch with Negative Implications by S&P, noting that the country's A- rating may be cut within 2 months. Greece CDS has widened by 11 bps to 194 on the news, and Greece now accounts for 19.7% of all SovX risk currently.

 
Tyler Durden's picture

Greece Plunges, Stock Market Down 7%+, CDS 20 Wider To 212





Contagion effect is spreading as the weakest link in the Eurozone catches fire.

 
Tyler Durden's picture

Downgrade Watch: First Greece, Then Spain, Now Portugal... Make it Stop





Well, can't say we didnt see it coming. Portugal was downgraded with impunity by S&P from AA- to A+ on the belief that "the government's structural reform measures relating to the economy and public finances have proven insufficient to bring about convergence with the 'AA' peer group." And what a high quality peer group it is.

 
Tyler Durden's picture

Downgrade Watch: First Greece, Then Spain, Now Portugal... Make it Stop





Well, can't say we didnt see it coming. Portugal was downgraded with impunity by S&P from AA- to A+ on the belief that "the government's structural reform measures relating to the economy and public finances have proven insufficient to bring about convergence with the 'AA' peer group." And what a high quality peer group it is.

 
Tyler Durden's picture

Death Watch: Greece, and What Its Default Could Mean





The biggest threat to the U.S. Obama rally and the miracle recovery proposed by Democrats in the $825 billion bail out package may possibly reside about 6,000 miles away in Greece.

 
Tyler Durden's picture

Death Watch: Greece, and What Its Default Could Mean





The biggest threat to the U.S. Obama rally and the miracle recovery proposed by Democrats in the $825 billion bail out package may possibly reside about 6,000 miles away in Greece.

 
Tyler Durden's picture

Death Watch: Greece, and What Its Default Could Mean





The biggest threat to the U.S. Obama rally and the miracle recovery proposed by Democrats in the $825 billion bail out package may possibly reside about 6,000 miles away in Greece.

 
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