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Is a Grexit bullish for U.S. equities? Credit Suisse believes a Greek exit from the eurozone...

  • Tuesday, May 29, 2012, 3:25 AM ET
    Is a Grexit bullish for U.S. equities? Credit Suisse believes a Greek exit from the eurozone could initially push the S&P 500 down to 1,200 but would prompt an "aggressive policy response" that could lift the market over 20%. A full eurozone disintegration could see the S&P drop to 950. In any case, the crisis will have to get worse before the ECB ramps up its policy response.
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This news story has 2 comments:

  •  
    So a Greek exit will hurt a fair amount; but even a full disintegration wouldn't be nearly as bad as the Lehman Bros attack??
    29 May 2012, 09:50 AM Reply Like
  •  
    The Greek exit is just the beginning. Spain is much larger than Greece. No time to be optimistic here.
    29 May 2012, 06:49 PM Reply Like
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