Waiting on the BoE & ECB
Original Article from ACM – Newsletter
We still can’t shake the admission from the Greek Prime Minister that there were “holes” in the budget and tax collection was in “shambles”. While markets have initially embraced the Greek announcement of a 3rd set of new austerity programs, we have a hard time believing that these optimistic goals are actually attainable. It’s easy to austerity “grandstand”, the hard part
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