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21-02-2013, 09:54 AM
LONDON (MarketWatch) — What is the one thing the market hates most? A depression? Sure, that is always bad. A rise in interest rates? That surely unsettles investors A wobble in the banking system? That usually sends people scuttling for the exits.
But the one thing that makes the markets most nervous of all is uncertainty and a complete absence of information. Unfortunately, that is what the euro zone is about to get.
This weekend, Italians will go to the polls in what is certain to be the most significant election of the year. Former Prime Minister Silvio Berlusconi has been positioning himself and his allies in the anti-euro camp. If there is even a hint that Italy may head out of the single currency, the markets will be thrown into turmoil.
http://www.marketwatch.com/story/watch-o...2013-02-20
But the one thing that makes the markets most nervous of all is uncertainty and a complete absence of information. Unfortunately, that is what the euro zone is about to get.
This weekend, Italians will go to the polls in what is certain to be the most significant election of the year. Former Prime Minister Silvio Berlusconi has been positioning himself and his allies in the anti-euro camp. If there is even a hint that Italy may head out of the single currency, the markets will be thrown into turmoil.
http://www.marketwatch.com/story/watch-o...2013-02-20
“risk comes from not knowing what you’re doing.”
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.