If Greece is Rescued, Remember the Flip Side

You've certainly heard of  "Buy the Rumor, Sell the News" .

If indeed an agreement between the EuroGroup and Greece and later the higher up heads of state has been reached, that doesn't guarantee that the proposal or "deal" will be ratified through the various parliaments, especially in Germany where Merkel has lost quite a bit of backing from her own CDU party over Greece, they are what you might call, "Over it".

However that's not so much the flip side of the coin,  the flip side of the coin if there is actually a deal is the market will quickly realize that one of the big 3 items staying the F_E_D's hand on rate hikes, "Geo-political  Economic Risk" tied to Greece will have been resolved and put the F_E_D that much closer to the conditions it would like to have in place to begin the rate hike cycle.

I'm probably putting the art before the horse as we have not seen details or confirmation on what appears to be an opinion of a Greek official, but I did want to point out what the market's next thought will likely be if there is a Greek deal.