By Matthew Kerkhoff
Greece continues to steal the headlines, but beneath the surface, US economic data remains supportive. As an investor, where should we be focused?
Over the weekend 61% of Greek citizens voted “no” to the latest proposal from Eurozone creditors, which technically wasn’t even an option since the bailout-extension offer expired on June 30th.
The vote, when contrasted against a Bloomberg poll that shows 81 percent of Greek citizens want to keep the euro, makes for quite a predicament. Greeks don’t want to endure the pain of austerity measures to pay back their creditors, but they also don’t want to leave the currency union.