Will Greek Insolvency Hurt SA Conversion?
So this Greece deal seems to be starting to play out pretty seriously, and US markets certainly are nowhere as bullish as they were a couple of weeks ago. Was reading somewhere that some expect the Dow to hite 8500 before it hits 11500 again.
That being said, does anyone think this will hurt SA conversion rates for this summer? Tyia
Not in Europe. The bank is planning on some of you getting jailed during the rioting, so those that survive should have the same odds. ;D
In all honesty, it's too soon to tell, and hiring policies tends to lag the economy quite a bit. Obviously, if the bottom falls out of the market in July/August, that would be a problem.
Disagree; hiring policies in finance lag the MARKET, which is a LEADING indicator, so they actually net out to being in front of the wider economy, just not the markets. For instance, the fundamentals of the economic situation are unlikely to change significantly between now and July, but the street's expectations for the future may change, thus driving the market lower, and resulting in a lower convert rate.
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