yep … the euro is probably going to rally.. in my opinion greece technically defaulted just now.. but it doesnt matter, perception is reality and perception is dicated by billionaires who think that this is a short term win.
this default just postpones the inevitable. i like american companies with lots of cash… honestly. cash is soon to be king. sure valuations will drop, but if you own companies with a lot of cash.. and they’re smart.. you win