Stock investors stopped freaking out over interest rates. Now they’re eying
this risk.
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Investors appear to be doing a lot less hand-wringing over higher interest
rates lately, but plenty of market risks are still coming up on the horizon.
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However, they cautioned that the government was not a done deal and the situation could change by the hour. Berlusconi's chief coalition partner, the populist Northern League said it would not back Monti.
ReplyDeleteHowever the party, which is split internally, has resisted a key reform on pensions. It may have made a calculation that it would benefit from a period in opposition to redress a sharp loss of popularity from its association with Berlusconi.