On the subject of Greece, Zerohedge has BoA's cheat sheet for the potential impact on asset classes.
Note they have a benign pro-EU government as the highest probability. But relief quickly fades as investors focus on Spain and Italy again.
And they don't count bank runs in their scenario. Greeks could vote yes with their ballots and be rushing to vote no with their semi-euros, pulling them out of the domestic system. I would. We'll see what the data evenually shows on that. It could be worse than people assume, leading to a need for even more short-term support.
And in the bear case BoA have 10-year Treasuries going to 1.3%. Wow.
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