Europe’s Stress Scenarios And What Goldman Sees As Priced In

Posted by ZeroHedge

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The pan-European game of chicken continues and with each iteration of this game, the political cost to the two parties involved has increased. Goldman sees three key scenarios from this: Muddle Through, a Fast Exit, or a Slow Exit.

A Slow Exit with a modest 1% hit to Euro-area GDP appears to be priced in:

….read more HERE

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