Pictet Group: IMF To Stop Greek Lending After June 17

The Pictet Group has released its outlook for the world markets for June. The report reveals a compelling line of logic that will surely resound in the markets in the coming days. Beginning with the premise that Greece is too politically fragmented and dissenting to elect a fully functioning government, the report reveals a poor future for Europe’s economy. NOTE: these are the views of Pictet Wealth Management, which do necessarily represent those of Pictet Asset Management. Founded in Geneva in 1805, Pictet is today one of Switzerland’s largest private banks, with assets under management and custody totalling USD 359 billion (CHF 336 billion…