Italian Budget Weighs Down Global Stocks

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Italy worries drag down global stocks as quarter nears an end

 

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If the federation was run with care there would have been no dissent

ZSmilowitz

beginning of a global recession? Turkey is supposed to have one, Argentina is projected to stumble into one, the USA with Trump is applying for one.....

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Italian Budget Weighs Down European StocksItaly’s new budget target dragged down European markets as global stocks diverged on the final trading day of the quarter. Markets is no longer the God of all things!
Source: WSJ - 🏆 98. / 63 Read more »

Italy’s stock market slumps as budget drama looms, weighs on broader European boursesItalian stocks were trading sharply lower on Friday as the drama of the country’s budget plan erupted anew and pushed up its sovereign bond yields amid worries that a market-disrupting conflagration between the European Union and Rome won’t be averted. ITALY IS SIMILAR TO USA WITH BUDGET DRAMA Hmmmm we were told by the left Europe had it all figured out.
Source: MarketWatch - 🏆 3. / 97 Read more »

U.S. government bonds rally as Italy budget woes weigh on global stocksTreasurys gain ground, pulling back yields, as a rout in Italian government bonds following the country’s poorly received deficit target appears to put some pressure on global equities.
Source: MarketWatch - 🏆 3. / 97 Read more »