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<br> <br><br><br> <br><br><br><br> <br><p> Global markets were hit with another ill-timed shock when the Greek debt crisis became a systemic issue in late-April. While cultural and performance measurement issues certainly played a role in the recent crisis we find little or no evidence that banking bonuses per se were a major contributing factor. But they characterized her political and social views much as her husband's friends have portrayed his in recent days: expressly conservative, but not dogmatic. Here is what the Fed said in its Monetary Policy Report on July 15: ‘Nevertheless, valuation metrics in some sectors do appear substantially stretched-particularly those for smaller firms in the social media and biotechnology industries, despite a notable downturn in equity prices for such firms early in the year. Whether the $1.3 TN US junk bond market can sustain such momentum depends on the path of Federal Reserve policy and oil pric