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A Bend financial advisor says there isn't much of a reaction in the markets to an austerity plan unveiled in Greece. Fox News is reporting today that Germany's Finance Minister questioned whether the deal goes far enough to earn a crucial $130 billion bailout. Tyler Simones with Northwest Quadrant Wealth Management in Bend says the situation with Greece seems to already be priced into the market, but Greece will probably continue to make financial headlines for much of 2012: "We are now very interconnected and so nobody really knows where everything lies and there's worry that some of our banks have exposure to that Greek debt and that could be a problem to them.” Simones agrees with Chase Bank President Jamie Dimon who believes the impact from big problems in Greece will be minimal.

 

 

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Traffic & Weather

 

 

 

 

Jones Road, full road closure between Bennington Lane and NE Butler Market Road. May 18 – August 18, local access only.
 

Oregon State University off-site improvements for intersection reconstruction, July 11 – August 3,    7 a.m. – 4:30 p.m., at intersection of Chandler Avenue and Yates Drive.

 

Orion Drive closed in two locations for sewer work; at the intersection with Avery Lane and between Desert Woods Drive and King Hezekiah Way.  From July 11 to Sept. 6. Detours marked.

 

Valhalla Sewer Relocation Project, Mt. Washington Drive at Shevlin Park Road intersection and North to Regency Street. Nighttime closures with detours marked during roundabout construction. Daytime closures for construction towards Regency Street.    7 p.m. – 7 a.m., July 11 – November.

 
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