Greece made headlines back in 2015 when their debt crisis ignited panic across global financial markets. Greece’s share of global economic activity is less than 1%, but it was still enough to cause our equity market to shed hundreds of billions in value.
Things were inevitably going to get worse for the country and its citizens. However, instead of global financial markets falling even further, they rallied swiftly.
It’s strange that the world’s largest equity market could fall on news that…