What a strange morning today. Looks like Greece is hurting north american markets a bit but the real question is: How would Greece affect your portfolio?
Banks: If they have no exposure to Greece then it is pannic selling
Automobile sector: Yes if recession worsen in Europe, then it will be affected
For many specific stocks like INT the change in their fundamentals does not come from Greece...So you pannic, you sell then you may be ending up loosing UNLESS it was to remove some gain from the table.
Get ready anyways for a very interesting monday.
Banks: If they have no exposure to Greece then it is pannic selling
Automobile sector: Yes if recession worsen in Europe, then it will be affected
For many specific stocks like INT the change in their fundamentals does not come from Greece...So you pannic, you sell then you may be ending up loosing UNLESS it was to remove some gain from the table.
Get ready anyways for a very interesting monday.
Aucun commentaire:
Publier un commentaire