Still too many risks on the Italian Index; with the approach of the referendum it could suffer a sharp increase in volatility. Our medium- term targets remain unchanged. No economic growth, public debt continues to increase, and deficit is next to lose control. The situation of MPS and the overall banking sector could lead to widespread bail-in.
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mgiuliani
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Please remind yourself that this is just my personal view on the market. My analysis should NOT serve as any recommendation to buy or to sell.
If you find useful my analysis, please hit the LIKE button and follow me.