, Columnist
Upheaval? What Upheaval?
Vote in Italian referendum shows short-term market opportunity is ephemeral.
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Here's a quick guide on how to trade political uncertainty in markets: Don't.
This point was driven home by the Italian vote on Sunday to reject key governmental reforms, which has been hailed as yet another victory for a wave of populism surging across the world. Does this have significant implications for the nation's potential growth? Yes. Could it help throw the future of the European Union into question? Yes again. Did markets care? No.