An Italian tripwire for the US recovery?

The world is pinning its hopes on a rapidly accelerating US recovery, but any overexposure of American bankers to Italian bonds could halt this optimism.

The American stock market and Federal Reserve chief Ben Bernanke sent a clear message to the world last night: ‘we are going to restore the US economy and we can ride through the European mess’.

And to underline that message it is now clear the low US interest rates are finally stimulating the housing market and, of course, the shale gas and oil discoveries have many US companies dusting down expansion plans.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles