European stocks

How Probable Are the Chances for a Euro and Greece Divorce?

Have market participants underestimated the possibility of a divorce between Greece and the euro? The chart below illustrates the market implied probabilities of a Greek default along with an exit from the euro (“GREXIT”) since late 2009. As you can see, up until early 2013, both scenarios moved in virtual lockstep with each other. But …

How Probable Are the Chances for a Euro and Greece Divorce? Read More »

Assets Flood to Europe

How did market participants react to the ECB’s 1.1 trillion euro QE-styled asset purchase plan? By pouring money into European stocks. Europe focused stock ETFs (NYSEARCA:VGK) collectively raked in 65% of all global ETP asset flow last week, gaining just over $4 billion in new assets. (Audio) Listen to Ron DeLegge @ The Index Investing …

Assets Flood to Europe Read More »