Société de recherche indépendante en macro-économie et stratégie d’investissement

We have been overweight Italian equities since our Asset Allocation report of early December and continue to do so although, although to a lesser extent. The question is legitimate given the concerns about bank stocks in the wake of the collapse of Silicon Valley Bank (SVB) in the US, given that Banks represent in excess of 20% of the MIB: could there be a risk of contagion to European banks? ...