When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
Today, markets are displaying remarkable complacency toward a rapidly deteriorating Italian political and economic situation. They are doing so in a manner that is painfully reminiscent of how complacent they were in 2009 on the eve of the Greek sovereign debt crisis.
This could have major consequences for global financial markets, considering that the Italian economy is 10 times the size that of Greece. Italy also has around 10 times as much public debt as Greece had at the time of its crisis.
Back in 2009, markets did not anticipate the Greek sovereign debt crisis