RE:RE:RE:RE:RE:$60 oil $9.30 Stock priceFrankly, after five years of this BS known as "Grexit" (hate that term used by news agencies looking to sell papers) I am glad to see it all coming to a head. Get in or get out. I lived in Greece...about as bad as France when it comes to workers thinking they should only have to put in 20 hours a week and have all the benefits of a socialist government. So we had a bad day on the markets because Greece may default. I am mostly bothered that COS seemed to get whacked harder than others, which makes me believe something else is going on specific to COS.
It will be an interesting Monday. If they cannot reach an agreement with Greece than down goes the market...but it will quickly recover when folks realize all of this was already priced in. In a way I hope they go. It's like cutting off a limb with gangerine in order to save yourself.
Then there is Russia. Nothing would make them happier than have an inroad with a NATO country looking to sell its mother to support their lifestyle. It's a good marriage...liars and cheats usually wind up eating each other at the end of the day.