BNP's Saywell Doesn't Expect Another Greek Crisis

The video discusses the current state of the Greek market and its impact on the Eurozone, emphasizing that Greece is not expected to cause another crisis. It highlights the market's focus on known and unknown risks, particularly in Greece, Germany, and Italy. The Euro is not undervalued, and the market is more concerned with upcoming elections and US economic policies. The Euro-Swiss Franc pair is used to gauge European risk, with the Swiss Franc acting as a safe haven during market stress.

What is the market's current view on the potential for another Greek crisis?

• The market is indifferent to Greek issues.

• The market does not expect another Greek crisis.

• The market expects a crisis similar to 2015.

• The market believes Greece will leave the eurozone.

What is the market's main concern regarding upcoming elections in Europe?

• The elections will strengthen the euro.

• The elections will cause spreads to widen in countries like Germany.

• The elections will have no impact on the market.

• The elections will lead to a Greek exit from the eurozone.

How does the market currently view the euro's valuation?

• The euro is expected to depreciate.

• The euro is at its fundamental value.

• The euro is slightly overvalued.

• The euro is significantly undervalued.

Which currency acts as a safe haven during European market stress?

• The British pound

• The Swiss franc

• The US dollar

• The euro

What are the two main factors the market is focused on in the US?

• US housing market and consumer spending

• US unemployment and GDP growth

• US interest rates and inflation

• US fiscal stimulus and trade policy changes