Category Archives: The House of Cards

A Greek Holiday

I’m sure by now you’ve heard about the Greek bank holiday which went into effect today June 29, 2015. Greek citizens are only allowed to withdraw 60 Euros a day, and capital controls have been enforced. The Dow J fell -350.33 points today, but I wouldn’t be the least bit surprised if the Dow made the loss back in a month. The S&P was down -43.85, and the NASDAQ was down -122.04. In other negative market related news; Chinese stocks have taken a hit in the past few days, and are in the midst of a bear market, and Puerto Rico has just informed the U.S. they are calling for bankruptcy.

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