Uncertainty Escalates After Greek Referendum - InvestingChannel News

Uncertainty Escalates After Greek Referendum

7-6-2015 3-33-10 PM euro

At this point words fail me once again. What will happen to Greece and their EU partners, no one knows.

For now it’s a cancer growing on both Greece and many world stock indexes.

China is more alarming after the PBOC intervened in markets to no avail. This forced the government to restrict “any” selling. This seems an over the top reaction but dictators can do as they wish but it will cause more problems as overseas investors are turned-off.

Equity markets across the globe were hit hard in Europe and China spilling over to emerging markets generally. U.S. stocks gapped open sharply lower but were immediately jammed higher as the Directedge/BATS EDGX Exchange broke leaving

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