From Tyler Durden: Italian stocks tumbled with the FTSE MIB dropping 2.3% – the worst performer among major European markets on Monday – and hitting its lowest level since April 2017, while the country’s bonds plunged to the lowest level since February 2014.
From WisdomTree: In April, the Italian public was so incensed by the country’s broken government budget, endemic graft and unaffordable inward migration that half of the general election vote went to two protest parties.
From BlackRock: Estimating how–and exactly which–geopolitical events may affect markets and portfolios can be a challenge. Isabelle Mateos y Lago explains how our new BlackRock geopolitical risk dashboard can help.
From Adem Tumerkan: With the crisis unfolding in Italy, I can’t help but remember the lessons from the underrated book – Fat Tail by Ian Bremmer.
From John Rubino: Ah, Italy. My people; fun to be around, a nightmare to govern. And now an existential threat to the European Union, the euro currency, and the global bond markets.
From Franklin Templeton Investments: Two months after the Italian election, the country is on the verge of a new government led by the right-wing La Lega and left-wing Five Star movement. While markets take some time to digest the full implications of this unusual tie-up, David Zahn, Franklin Templeton’s head of European Fixed Income, offers his […]
From Dana Lyons: After moving sideways for the past 10 years, Italian stocks may finally be on the verge of a breakout.
From BlackRock: Results of the Italian election point to a hung parliament, with no party or coalition winning enough votes to form a government. Isabelle Mateos y Lago explains.
From Franklin Templeton Investments: No outright winner emerged from the Italian general election, but as David Zahn, Franklin Templeton’s head of European Fixed Income, explains, that situation is normal for Italy.
From BlackRock: Italian general elections will be held on March 4, 2018. The key to power lies not just in forging allegiances, but navigating complex new electoral laws.
The iShares MSCI Italy Index ETF (EWI) has posted a solid recovery in 2017 following a few years of underperformance, but some recent economic data may be pointing to a cooling off period for the European nation.
From Dana Lyons: A composite of the so-called “PIIGS” markets in Europe is testing 7-year highs.
From Tyler Durden: “The US election will help all those who have not had the courage to come out and say ‘I will vote No’,” proclaimed one of Italian PM Renzi’s opponents as The FT reports the centre-left prime minister’s referendum on change is threatened by the global populist wave.
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