08.07.2015 - 09:22 [ Sydney Morning Herald ]

Greece debt crisis: nobody knows, which is why everybody‘s selling

There were two great unknowns for investors as trading resumed this week: what Greece‘s no vote means and what the Chinese sharemarket is going to do after China‘s government rolled out unprecedented measures to try to stop a plunge that has knocked China‘s sharemarket down by 27 per cent in just over three weeks. Nobody knows, which is why markets everywhere have been falling.