Macro Strategist, Saxo Capital Markets

Kay Van-Petersen

Macro Strategist

Saxo Capital Markets

Event-Driven

<ul><li>Greece is not a vacuum, Risk-Off to accelerate as we near the 5-Day deadline on Sunday</li><li>By early Friday, the EURUSD will be lower, and the yen and dollar stronger</li><li>This week's market consensus is finally “base case Grexit”, I've been 80Delta for a little over a month. Point here is not that I am a genius, far from it... I just think the mkt &amp; position is waaaaaaay to complacent....   </li><li>At some point this will be a phenomenal buying opportunity, do the work now &amp; remember, position sizing is part of prudent risk management… but it will be earliest next week if not end of July/early August (fallout/ solution dependent…)  </li><li>Expect an epic &amp; game-changing response from China, may not be this week but by Monday we could be in for the mothership of all "bazookas" (check out Travis Lundy's piece <a href="http://www.smartkarma.com/insight_providers/39" target="_blank">http://www.smartkarma.com/insight_providers/39</a>)</li></ul>

Greece is not a vacuum, Risk-Off to accelerate as we near the 5-Day deadline on SundayBy early Friday, the EURUSD will be lower, and the yen and dollar strongerThis week's market consensus is finally “base case Grexit”, I've been 80Delta for a little over a month. Point here is not that I am a genius, far from it... I just think the mkt &amp; position is waaaaaaay to complacent....   At some point this will be a phenomenal buying opportunity, do the work now &amp; remember, position sizing is part of prudent risk management… but it will be earliest next week if not end of July/early August (fallout/ solution dependent…)  Expect an epic &amp; game-changing response from China, may not be this week but by Monday we could be in for the mothership of all "bazookas" (check out Travis Lundy's piece http://www.smartkarma.com/insight_providers/39)

  The Matrix: A Strategist's Roving Thoughts... Greece Is Not A Vacuum People

iShares MSCI World ETF

The Matrix: A Strategist's Roving Thoughts... Greece Is Not A Vacuum People