Bearish:

• 🔻 $ITALY - Goldman Sachs is closely monitoring Italian election outcomes, particularly the performance of the far-right Lega party. A strong showing by this party could raise concerns about the sustainability of Italy's public debt, potentially supporting a bearish outlook on Italian assets.
  • “Besides The UK, we at Goldman Sachs are especially watching election outcomes for Italy where a strong showing for the far right Lega party could increase concerns about the sustainability of its public debt.” - Allison (14:22)