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Italy ETFs: Political Heat Singes Stock and Bond Investors

Italy is burning and Nero is not fiddling. Italian President Sergio Mattarella certainly pulled some strings, though, emerging from his office in Rome Sunday night to halt the birth of a government led by the anti-establishment Five Star Movement and the far-right League by vetoing Euroskeptic Paolo Savona as finance minister. To some, Mattarella has taken a bold stance against populist rule.