I am not an economist but we can do this rationally.
The news we know today is already known 2 weeks ago....The outcome from Greece is predictable and in the worse case with Gexit, they are <2% of EU GDP.
Sure there are some companies affected; banks, FI and related industry, so what if Greece is zero value and ppl are begging for food; they are not going to affect the global economy, not even the Euro exchange rate.
Next SSE, the freaking SSE is a like a casino. When Xi discourage and capital control for rich Chinese to go Macau and SG, where the $$ go to? They cannot go to property, so they turn to SSE....in 6 mths time, SSE increases 150%; for **** sake, if anyone tell me a biz can grow 150% profit in 6 mths, he is better than selling drugs.
So the SSE plunge is only a man-made issue; perhaps, in conspiracy theory, govt wants to take back the excess $$ which they printed $4b in 2009. If this is case, at least this is controlled; which it would not over-done.
So, if Uncle168 is correct, then we are back to an extreme end of the market. But that we can track the M2 and M3, to see if this is true.
Either way, there is no answer to this. I hope we dun have another AFC, now started by China fuel by Malaysia.....then all the good fundamental good reasons got dragged into the shLT hole.