Markets

CITI: The Italian Elections Reflect The Collision Of Two Big Macro Trends We’ve Been Warning About For A Long Time

[credit provider=”mi2g” url=”http://www.mi2g.com/images/tsunami.jpg”] It seems like ages ago that the Italian election result caused markets to spasm and volatility to surge.In fact, it was just on Monday, and by the end of the week, the event had largely been forgotten by the global markets (although Italian markets continue to underperform, […]
CITI: The Italian Elections Reflect The Collision Of Two Big Macro Trends We’ve Been Warning About For A Long Time
Markets

KRUGMAN: This Is How The Euro Ends…

[credit provider=”Dealbook screengrab”] Paul Krugman has a great little post up analysing the situation in Europe.He hints that this is the beginning of the end for Europe, and that if the Eurocrats don’t get the lesson that people need growth — not just austere stability — then it’s all over.
KRUGMAN: This Is How The Euro Ends…
Markets

Why Italy’s Election Caused Global Markets To Crater, And What Happens Now …

[credit provider=”HUD” url=”http://commons.wikimedia.org/wiki/File:Pruitt-Igoe-collapses.jpg”] Last night’s election in Italy is resulting in remarkable market gyrations all around the world. U.S. stocks had their worst day since November. The VIX (a measure of volatility and fear) had an enormous surge. The Italian stock market is down nearly 5 per cent today. The […]
Why Italy’s Election Caused Global Markets To Crater, And What Happens Now …
Markets

Why Europe Just Got Its First ‘Rebellion’ Of The Crisis Era

[credit provider=”Joe Weisenthal, Business Insider”] The most dramatic moment in last night’s Italian election came from the second in command in the centre-left PD party.He announced to a room of reporters that voters had staged a “rebellion” and that the country would likely be ungovernable.
Why Europe Just Got Its First ‘Rebellion’ Of The Crisis Era
News

The Most Incredible Success Story In The History Of Online Politics

[credit provider=”Beppe Grillo” url=”http://www.beppegrillo.it/”] Rome, Italy — The actual outcome of the Italian election remains in doubt, but there’s no question who the big winner of the night was: Independent rabble rousing comedian Beppe Grillo.His party, the 5 Star Movement, took over 25% of the vote. And actually his party […]
The Most Incredible Success Story In The History Of Online Politics
Markets

The Spanish Market Is Collapsing Too

[credit provider=”AP”] We just noted that the Italian market is plunging today — down nearly 5% — after an election that seems virtually guaranteed to lead to a hung parliament or an unstable coalition incapable of doing anything.The vote was not only a rejection of the current “reform” path, it […]
The Spanish Market Is Collapsing Too
Markets

At Least We Know Who Lost The Italian Election

[credit provider=”Getty / Brendan Hoffman”] Rome, Italy — It’s still unclear who is going to win the Italian election. It’s a tight race between liberal Pier Luigi Bersani, conservative Silvio Berlusconi, and even the populist Beppe Grillo.But the loser is clear: Elite Europe.
At Least We Know Who Lost The Italian Election
News

Mario Monti Is Getting Demolished

Rome, Italy —The first wave of election polls are out, and the good news for international markets is that it looks like centre-leftists Pier Luigi Bersani is going to win.
Mario Monti Is Getting Demolished
News

It’s VERY Close In The ‘Ohio Of Italy’

[credit provider=”RealtyTrac” url=”http://www.realtytrac.com/trendcenter/”] Rome, Italy — It appears at first blush that left candidate Pier Luigi Bersani has won the Italian election.But these are just exit polls. And beyond that, there’s still some question about the Senate.
It’s VERY Close In The ‘Ohio Of Italy’