This Is What Italy’s “Worst Case” Scenario Looks Like, According To Morgan Stanley

Now that the initial shock from the formation of an anti-establishment, populist government in the Eurozone’s 3rd largest economy, has passed banks are starting to focus on the concrete policy proposals that will soon be attempted and implemented by the 5-Star/League coalition. And, as is…

Italian Bond Futures, Euro Climb As Italian Coalition Agreement Reached

The culmination of months of negotiations between the anti-immigrant Northern League and the anti-establishment Five Star Movement has arrived Wednesday afternoon in the form of a forty page comprehensive policy agreement reached between the two parties, according to Ansa, the Italian newswire. Northern League Deputy…

Wall Street Responds To Italy’s Vote: “Anti-Establishment Forces Are On Fire”

Just like in the recent elections in Germany and Austria, Italy’s anti-establishment groups Five Star Movement and the Northern League surged – or “are on fire” as Barclays put it – in Sunday’s election as voters punished the mainstream parties for years of economic decline,…