An elderly woman waves the national Greek flag as she joins supporters of the Syriza party and of the âNoâ vote campaign, gathering after results of the referendum in front of the Greek Parliament in Athens, Greece, 05 July 2015. Greek voters resoundingly rejected bailout terms in Sundayâs referendum. (EPA/KAY NIETFELD)
The U.S. stock market will likely be victim of a ârisk-offâ trade leading to lower prices following Greeceâs âNoâ vote, but the time to buy the dip wonât be until central banks step up to contain crisis.
Thatâs the market call out this morning from Gina Martin Adams, institutional equity strategist at Wells Fargo Securities.
Following the vote in Greece in which more than 63% of Greeks voted against the onerous bailout terms of creditors, putting Greece on a dangerous track to exit the 19-nation eurozone, the main focus for markets in coming days will be the outcome ofâŠ
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