A Somber Win..

Phew!!  That was close!  The pro Bail-out New Democracy Party ekes out a narrow victory in Greece.  However, expect celebrations to be muted as it's a long difficult road ahead for Greece.  While they did narrowly win, it doesn't sound like getting Greeks to accept austerity measures will be easy.  Times are tough right now and asking people to swallow difficult austerity measures in this environment will likely be very unpalatable.  Need to finish up here.  Asia will be the first market to trade post the Greek election so can't be late.