Saturday, June 20, 2015

3 ETFs for a Greek Default: GLD, EPV, VIX

The situation in Greece appears to be deteriorating with banks there suffering accelerating deposit withdrawals — setting the stage for capital controls possibility as soon as Monday.

If a new bailout agreement isn’t ironed out between Athens and the European establishment soon, it’s very we’ll see a Greek default on $1.8 billion in bundled debt payments to the International Monetary Fund at the end of the month.

This is the final act of a long simmering crisis.
If things go belly up and there is a Greek default, here are three ETFs that should be big winners in the fallout. (more)

Please share this article

No comments:

Post a Comment