Money Morning's Chief Investment Strategist, Keith Fitz-Gerald has kept our readers on the bleeding edge of developing financial stories for nearly a decade.
Keith's broad and deep knowledge of the global financial markets - he splits his time between residences in the U.S. and Japan and sees far more than your U.S.-locked analyst - gives him a unique perspective on how the macroeconomic patterns affect the micro environment in which individual investors make their decisions.
He recently returned from Europe and was featured on Fox Business with Stuart Varney. We caught up with Keith just as he returned from the studio with our own questions about his trip, and asked him to share his insights with Money Morning readers.
Keith sat down with Private Briefing's Executive Editor Bill Patalon over the weekend.
Here's what Keith had to say...
The Eurozone Hangs On By a Whisker
Four days after the Italian elections only one thing is clear: A majority of Italian voters have rejected austerity.
The problem is their victory came up short by the slimmest of margins.0.36%. That's the difference between a firm new government that could move Italy out of the Eurozone and the constitutional logjam Italian voters woke up to the next day.
As it is, they could roll the dice on a new election, but that could also make matters worse.
Since Italy's a big country with a chunky economy, that's likely bad news for us all.