TraderWise

With the Greeks rumored to be on the verge of being taken care of, who will capital markets ‘bully’ into submission next? Fitch yesterday indicated that the UK’s triple ‘A’ rating is vulnerable, European speculators will do no better that look across the English Channel for their next potential victim. The whole scenario is not just about Greece, albeit they are the poster boys, nor-contagion as it’s already spread, but about public and Capital Market confidence. Mind you, Greece’s striking labor force will not help their public perception any.