Morgan Stanley has increased its chances of a Greek exit from the Eurozone to 35% from 25%, and reduced the time projection of the exit to 12-18 months from five years.
"An ugly ‘European Divorce’ scenario can’t be ruled out either if economic divergences or political fragmentation prevail," they write in a note to client. "Our subjective probability for a divorce has risen to 35% and could rise rapidly in the run-up to the Greek election on June 17.
Thomas Lee, JP Morgan's top U.S. equity strategist, went on CNBC this morning to lay out some scenarios for a Greek exit from the Eurozone, and how it could affect equity markets. According to Lee, the odds of an exit are currently ... Read Post
In its latest European outlook, Morgan Stanley assesses the likelihood of various forms of eurozone divorce in an enlightening chart. Further, the research team increased its projections for the possibility of a eurozone break-up hi... Read Post
Morgan Stanley European economics team recently increased the odds of a Greek exit from the euro to 35% within 18 months. The team offered several scenarios outlining how things would unfold for Greece in the wake of an exit. Ultima... Read Post