It's Italy Now.

I can’t help but feel somewhat responsible for the fact that Euro Contagion 2011 has now shifted its spotlight on the Italian banking mess.  After all, I did ask Trichet for exactly that just last week:

From A Humble Request:

“Only Italy will scratch our itch.  The food, the culture, the place names!  We could do Italian debt crisis jokes seemingly forever!  Or at least until you see fit to give us Spain.”

Anyway, here’s what the financial media is going to be beating you over the skull with tomorrow, hope you had a nice weekend…

From the Telegraph:

Top European Union officials will meet in Brussels on Monday morning to discuss the growing eurozone debt crisis amid fears that Italy could be the next country to be affected…

“The EU is definitely worried about what happened on Friday. Key people have suddenly realised that this [contagion] is going to hit big economies and they have little defence,” said one observer.

And here’s what “a source” told the German newspapers over the weekend (via Reuters):

“The existing rescue fund in Europe is not sufficient to provide a credible defensive wall for Italy,” the central bank source was quoted telling the newspaper in an advance text of an article to appear on Monday.

“It was never designed for that,” the source added.

We’ll see how the whole dollar-stocks seesaw reacts in the morning.  Arrivederci til then…

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here:

Please see disclosures here.

What's been said:

Discussions found on the web
  1. blazing trader reviews commented on Sep 28

    … [Trackback]

    […] Find More to that Topic: […]

  2. what is bitcoin loophole commented on Sep 29

    … [Trackback]

    […] Read More Information here to that Topic: […]

  3. Insta girls commented on Nov 24

    … [Trackback]

    […] Find More Information here on that Topic: […]

  4. 토렌트사이트 commented on Dec 19

    … [Trackback]

    […] There you will find 6614 more Information on that Topic: […]

  5. rolex replica commented on Dec 29

    … [Trackback]

    […] Information on that Topic: […]