JPMorgan's Michele: Italy's Bigger Issue Is Debt

The transcript discusses Italy's political and economic challenges, focusing on the country's debt issues and the financial struggles of Monte Paschi. It explores potential solutions for economic growth, including the impact of Trumponomics and external investments. The discussion also highlights political risks in Italy and France, and the challenges in managing the Eurozone debt market, particularly in light of ECB policies and market reactions.

What is the significance of the yield curve in relation to the European banks?

In what ways could external factors, such as Trumponomics, impact Italian banks?