Greece is Bankrupt:
Athens Stock Exchange Waits for More Info:
What We’re Reading:
Traders and speculators drive 70% of ETF volume. (Barron’s)
Markets Headed to ‘Bubbleland,’ Warns Jeremy Grantham (MoneyBeat)
“The Hidden Costs of Bond ETFs” (Barron’s)
Chinese Stock Plunge Leaves State Media Speechless (Bloomberg)
Millions, Billions, Trillions: Germany in the Era of Hyperinflation (Spiegel)