by Warren Cole Smith
Posted 3/30/15, 10:08 am
Calm before the storm. Last Monday, I said the week before had been pretty quiet, but we can now say it was a calm before another storm. In Europe, Greece and its key creditor Germany kept trying to work out a deal for Greece’s debt. But because both sides remain intractable, the deal continues to stall, spooking the global markets. The Dow lost ground four out of five days last week. We also saw a continuation of volatility in the markets. On 14 of the first 19 trading sessions in March, the Dow moved up or down more than 100 points.