BALTIMORE ( Stockpickr) -- Well, it's official: Greece has formally defaulted on its debt, according to the folks at Standard & Poor's. And the market couldn't care less.The news makes Greece the first eurozone country to get a default classification from a ratings agency, a distinction that frankly comes as little surprise to investors right now. If nothing else, the market's reaction to the news is a more palpable example of how different equities look now from just a few months ago; toward the end of 2011, Mr. Market would take any excuse from the eurozone to sell off. Now, stocks have essentially priced in what were considered fat-tail risks not long ago -- and they're plowing higher.
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