Ongoing political worries about Italy and Spain have triggered big moves in stocks, a drop in the EUR and a massive shift in bond yields in the last week in May. The contagion risks from a potential Italian implosion should concern market participants once again. The eurozone’s third-largest economy is currently in the midst of an ongoing power struggle, with investors fearful that the looming prospect of “snap” elections could be fought over the country’s role in the E.U and its membership of the single currency. An election would resemble a referendum on E.U membership Investors have reasons to be worried The ... (full story)