tag:blogger.com,1999:blog-1227919517269937208.post534377074859439329..comments2023-09-17T08:37:58.006-06:00Comments on The Good News Economist: Buffett on U.S. Economy: "Significant Improvement"Eldon Masthttp://www.blogger.com/profile/15444008509086050220noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1227919517269937208.post-55459719995930035922010-05-07T19:22:58.594-06:002010-05-07T19:22:58.594-06:00Boy, it sure seems like we're headed back to 2...Boy, it sure seems like we're headed back to 2008 with the Greek debt crisis. What happens if world financial markets decide it's the same scenario- banks don't have enough liquidity, etc.? I know it seemed so unlikely a few weeks ago that this could cause such panic in the financial markets, but it seems to be happening.Billhttps://www.blogger.com/profile/06910619601367464068noreply@blogger.comtag:blogger.com,1999:blog-1227919517269937208.post-75856913854814846522010-05-05T07:12:58.373-06:002010-05-05T07:12:58.373-06:00Bill,
Again I think that the market sees uncertai...Bill,<br /><br />Again I think that the market sees uncertainty in the specifics of the relief packages that are being provided to Greece. That likely has been the reason for in the spike up in the VIX index. <br /><br />However at its current reading in the lower 20s, the index is nowhere near the levels of 70s and 80s -- a level the index was at during the height of the U.S. financial crisis in 2008 and 2009. In fact many argue that a VIX level in the upper teens to low 20s is a relatively "normal" range for the index.GNEhttp://goodnewseconomist.comnoreply@blogger.comtag:blogger.com,1999:blog-1227919517269937208.post-39773407049381434092010-05-04T17:59:53.073-06:002010-05-04T17:59:53.073-06:00Do you think the markets believe the Greek debt pr...Do you think the markets believe the Greek debt problem will cause other European countries to default? It seems like the VOX thinks so- largest increase since the financial crisis of 2008.Billhttps://www.blogger.com/profile/06910619601367464068noreply@blogger.com