The last month has been custom-made for the financial press. Greece potentially voting to exit the Euro? China’s stock market in a free-fall despite heavy government intervention? Puerto Rico’s Governor pronouncing the island is in a debt death spiral? It’d probably be hard to create more sensational, yet ultimately unusable, news than this for investors.
Seemingly every morning the news sways from an eminent Greek exit to a rescue package being cobbled together at the last second. The sentiment was nicely summed up in this tweet from Maxime Sbaihi, a Eurozone Economist at Bloomberg.

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