Worries about the Greece economy put pressures on stocks today.
Tell me how many times you have heard about that. Then tell me how many times that has actually made you worried.
For me, I don't even blink. I think that has been mentioned two or three times per week, every week, for the past 18 months or so. Yet the U.S. stock market is near its all time highs. Sure there are troubles economically in Greece, but there is no need to freak out.
Greece did not get into their economic troubles overnight. They will not get out of their trouble overnight. It will take time, perhaps longer than 'analysts' want, but eventually Greece will get their problems straightened out.
There is no need for the average person to follow every single thing that happens with the Greece economy. Sure, if you conduct business in Greece or have other financial interests, definitely stay in tune with what happens. Otherwise, keep a casual eye on what goes on there.
Business writers need to have something to write about. Every minor thing that could possibly happen in the long road to recovery will send someone into a panic. Trust me, there is no need for panic - everything will work out for the positive in the end.
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