Russ Winter talks says the lack of market depth is a setup worse than 1987 in its crash potential. He also discusses a little know fact about Greece and geopolitics that make the US actually want a Greek default, and that could radically change Greece’s fortunes for the better, but leave Europe holding the bag. Lee says a potential major turn in the bond market could have the opposite effect for stocks than what most people expect.
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The article on Greece Redefault:
http://seekingalpha.com/article/782961-the-u-s-looks-to-exploit-the-greek-re-default