Italian Prime Minister Silvio Berlusconi offered to resign on Tuesday, and world markets rallied. Stocks, commodities, and the embattled euro all enjoyed healthy gains. With that rascally charlatan out of the way, Italy could get finally serious about its economic reforms and the rest of Europe could get serious about resolving the sovereign debt crisis.
Charles Sizemore was interviewed in a recent article by Reuters' Lou Carlozo:
Amid a burst housing bubble, worldwide jitters over government debt and the high-profile recklessness of some financial movers and shakers, markets in the U.S. and abroad have taken a beating…
Risk today, in almost any form, is seen as the enemy by a growing number of investors.
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