The Full Monti

This is it.  We’re expecting a nice year-end relief rally on the back of the the positive political developments and rise of the technocrats in Italy an Greece.   A vote of confidence from the ECB could really give the rally a nice boost.

Italy Europe has one shot and it’s all Mario Monti’s back.  Will the Italians rally behind his government and take the necessary medicine?  Remember how the Koreans brought their own private gold to the central bank during the 1997 crisis to insure the country “made it”?    Stay tuned.

(click here if video is not observable)

This entry was posted in Black Swan Watch, Bonds, PIIGS, Politics, Sovereign Debt, Sovereign Risk and tagged , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.