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On March 9th, Greece’s Prime Minister will be visiting the USA. In addition to meeting with Merkel in Germany on March 5th this, on the margin, is another bullish catalyst for Greek stocks (bearish for Greek CDS and bond yields) which look poised to make a series of higher-lows in the coming weeks.

Fashionable Fears are now locked in with yesterday’s fears associated with a Moody’s downgrade (see our Early Look note from this morning for a more detailed analysis of the same).

Everything that matters to our macro risk management process happens on the margin.

KM

Keith R. McCullough
Chief Executive Officer

Greece: March 9th Global Macro event - gh