The Crisis Is Creeping Back, The Italian Market Is Getting Clobbered

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		Tech Entertainment Wall Street Markets Strategy Sports Lifestyle Politics Europe Video Latest Thursday, March 29, 2012 The Crisis Is Creeping Back, The Italian Market Is Getting Clobbered It's beginning to feel a lot like last October.... All around Europe, there are growing signs that financial markets are weakening especially for PIIGS countries. As we just reported, Spain has been getting whacked lately over worries about its economy, banking system, and the true size of the public debt. And Italy, which had seemed to calm down, is now looking rough too. The 10-year yield is back around 5.25%. And the stock market is getting slammed like the old days. As this chart shows, the main stock market in Italy is down over 3% today. UPDATE: And just to make things even more old fashioned, now shares of Italian megabank have been halted after falling about 5%. Read » Also On Money Game Today: One of The Ugliest Numbers Around Is Coming Out Tomorrow Now Even The EU Is Treating The Crisis Like A Joke CANADA KILLS THE PENNY A Strange Split Is Opening Up In The American Economy Advertisement CHART OF THE DAY: The Spanish Housing Chart That's Going To Crush The Banking System CHART OF THE DAY: House Prices Are Now Back To Early 2003 Levels CHART OF THE DAY: No Wonder Nobody Takes Economists Seriously... Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: ipat39@gmail.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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