All the financial media seems to be concerned with these days is Greece and the possibility of “Grexit.” The deep freeze that is gripping much of the eastern half of the U.S. is also grabbing headlines. In this podcast, David Trainer will explain why neither of these events matter for long-term, value-oriented investors.
Photo credit: Zola Studio
1 Response to "David Trainer Explains Why Greece and the Weather Don’t Matter"
A precedent has already been set through Ireland and Cyprus and Greece repayment likely to follow their example. Troika is in driver seat to make Greece blink first but will need to do it in a face-saving manner so no one will lose their head and become irrational. Also, Troika needs to send a message to other anti-establishment populist parties that no matter how big or small the country, no payee, no playee. Podemos is watching and that’s a bigger fish.