Bailout – “the Greequel”

By |2015-07-19T16:55:03-04:00July 19th, 2015|Bonds, Economy, Markets, Stocks|

The Greek government, EU, IMF and ECB agreed to new terms for a third bailout. As I see it, there are two very important items for markets today. The Greek government will be selling assets to pay down debt and re-capitalize the banking sector. Creditors essentially accessed the Greek collateral they were seeking. In return, the European Commission will provide Euro [...]