This edition of Oliver’s Insights looks at the implications of the Italian parliamentary elections.
The key points are as follows:
- An inconclusive election in Italy, which has put a cloud over whether it will continue with economic reforms, has seen the return of worries regarding the Euro-zone.
- Uncertainty is likely to linger for several weeks, but as we have seen in recent times in Europe there is a danger of overreacting as blow ups have tended to settle down without the feared collapse of the Euro.
- Our assessment is that while the correction in share markets may have a bit further to go, not helped by Italy, the broad rising trend in markets will likely continue.
To read this edition of Oliver’s Insights, please click here.