At 1 PM ET, Silvio Berlusconi is going to address the fires raging in Italy.
He’ll be flanked with his Financise MInister Giulio Tremonti.
Some quick advice to Berlusconi: Say something!
Day after day, Europe burns as leaders get up there and talk about “confidence” while raging against speculators.
Please, for the sake of the world, let’s hope he does that again.
Anyway, markets are making a big comeback on this news about the ECB possibly being willing to intervene in Italy and Spanish markets if Berlusconi is willing to speed real reforms.