No, Reuters, Markets Didn’t “Brush Off” Anti-Euro Votes; Markets Applauded Them

According to Reuters: “Bonds, stocks brush off Eurosceptic election gains.”  Italian assets surged and German shares hit all-time highs on Monday as solid election showings by pro-European forces in both countries provided an antidote to Eurosceptic gains in France, the UK and Greece. Though nationalists scored stunning victories in a number of weekend votes, Italy’s pro-European Prime Minister Matteo Renzi’s centre-left Democratic Party was on course for a resounding win over the anti-establishment Read more […]

Cracks in the EU Dominance Start to Widen: What Next?

Whither Europe, and wither the Euro! From Zero Hedge’s “Tyler Durden”: Just as we had warned in the run-up to the European elections – and England’s UKIP victory in local elections had suggested; Anti-European-Union parties are showing strongly in this weekend’s elections. Anxiety is spreading among the status quo as Greece’s anti-austerity party SYRIZA wins and perhaps even more worryingly in supposed core of the union France’s Nationalist party is leading in a “political earthquake” Read more […]