Markets braced for Greece default: US recovery slowing down
Published On: February 16, 2012 | Duration: 2 min, 30 sec
Douglas Blake, Senior Wealth Manager at Newbridge Securities Corporation spoke about the an impending Greece default due to a delay in bailout for the country. "Markets are bracing for a default that will happen at some point of time. Also trying to find out what it would mean for the global economy and financial system," he said. On US economy, he said that its recovery seems to be decelerating.
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