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What Happens When Greece's Money Runs Out?
Speculation about an endgame in Greece's protracted crisis has flooded markets with euro exit scenarios this week, but investors reckon there's still every chance that uncertainty will simply drag on for months. And more used to precedent, probabilities and precise numbers, asset managers are far from their comfort zone when interpreting the hyper-politicized standoff over Greece's future membership of the single currency. So instead of mapping binary outcomes, investment strategists are once again looking hard at the grey areas. And if that's the will of the Greek people, then it may be tempting for all sides to try ... (full story)
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