Greece default not likely to be disruptive worldwide: JPMorgan Chase
James E Glassman, Sr Economist at JPMorgan Chase feels positive that US manufacturing data is showing significant improvement and expects the forthcoming ISM data to show a gradual pick up. He also said that the Greece crisis is better understood now. "Greece situation is actually a tiny part of the whole EU economy. It will not be as disruptive as was expected year ago," he said.
