Italian Referendum and Political Risks in Markets

The transcript discusses the varying market reactions to political events like Brexit, Trump's election, and Italian politics. It explores the impact of these events on the FX market, particularly the euro, and the eurozone bond market. The discussion highlights the complexities of political risks and their influence on market volatility. It also examines market optimism and potential risks in 2017, considering factors like fiscal stimulus and trade tensions.

What were the timeframes mentioned for getting over Brexit and Trump?

How does the speaker perceive the chances of a snap election in Italy?

What is the significance of the five-star movement in the context of Italian politics?

How does the speaker describe the current state of the eurozone bond market?

What potential risks does the speaker identify regarding political events and market reactions?