There are two potential market paths following Sunday’s Italian referendum vote, a Deutsche Bank research report notes. Either path is likely to generate market volatility, either upside or downside deviation. In particular, Italian bank stocks could be at the center of the action. But even if a surprise “Yes” vote was to occur, the much discussed Italian bank bailout isn’t a sure thing. Italian referendum vote – The Italian banking sector has the most at stake in referendum The most significant short-term downside risk to a “No” vote in the Italian referendum can be seen in the banking sector. As…
Deutsche Bank: Italian Referendum May Leave Investors Scratching Their Heads
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.