Mortgage bond prices are positive at the open helping recover the small losses from yesterday afternoon.
The
entire world is on hold waiting for the outcome of the Greek elections
this weekend. The vote may well dictate whether or not Greece stays in
the euro. The ramifications of the vote, no matter the result, still
remain very uncertain. Even if Greece stays in the euro zone how does
it resolve all the problems it faces with massive debt that cannot be
repaid?
We have industrial production, capacity use data, and Michigan consumer sentiment data later this morning.
No comments:
Post a Comment