Photo: Wikimedia Commons
Then the jobs report turned out to be a disaster.
And now Italy is a total horror show.
The main FTSE MIB index is off 3.5%.
UniCredit, the big bank, is down 7.7%.
Italian short-term debt is surging.
There are all kinds of fears of contagion and concerns that FinMin Tremonti is on the way out. Scary, scary day. Thankfully it’s almost the weekend.