“Investment demand is going to build, supply is going to be limited…”
An “untidy majority” could signal weakness at the top of Germany’s government.
Markets Remain Tentative Amid Greek Uncertainty
Greece is under the gun to act, but faces a wave of strikes and protests.
Greek funding needs have exploded about 60% (or more) in just the last 2-months!
The only way out is for Greece to default on its sovereign debt.
Economy has deteriorated significantly since July and Shiller suspects that the housing market has as well.
Most advanced economies are lapsing back into recession.
