Wyn Thomas - Axys Investment Management

Weekly Market Update 30th January 2015

ANTI-AUSTERITY GREECE AMID DEFLATIONARY EUROZONE

This week the Greeks dominated the news with their decision to effectively tell the Trokia they’ve had enough of extreme poverty and that they’re going to run their economy for the benefit of their citizens. This has upset Angela Merkel who has insisted the country continues with the previous bailout agreement, which is the fiscal equivalent of writing “we must be more like the Germans” 1,000,000 times on a blackboard. Despite all the posturing we expect some sort of deal to emerge. Read More….