Does the market care if Greece collapses?
That’s a serious question because despite the fact that the Greece situation seems to be deteriorating by the day — not based on what people are saying but based on what the market is actually doing — stock market in the US really doesn’t seem to care. At all.
After being down (modestly) in the morning, stocks are, look at that, in the green again at mid-day (modestly).
Remember, too, that the jobless claims sucked. The retail numbers were strong, but there was a ton of noise, and reasons to discount the headlines.
Notably, the dollar is down on the day now.
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