Greek Debt Talks Could Be Positive
Bernie Lo of CNBC Asia welcomes John Derrick to comment on the meeting in Brussels this week concerning the Greek debt talks. The fact that a discussion is even happening, John says, should be viewed positively by the markets, at least in the near term. He also notes this could have positive implications for the euro.
Bernie wants to know if the Greek talks could affect U.S. markets, especially in the midst of earnings season. John says earnings are center stage right now, and although some of the numbers aren’t impressive, this likely isn’t due to the situation in Europe. He says the strong U.S. dollar already was a key headwind for companies in the fourth quarter.
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