Many investors are worried about Italy’s potentially chaotic election results this Sunday, but they may do well to recall the choppy arc of Italian politics: Prime Minister Paolo Gentiloni’s current government is the 64th since Italy’s first elections in 1946, after World War II. Italy has a great deal of experience with political instability, and Sunday’s outcome will have minimal impact on its improving economy. Disorderly politics, combined with a firm economic backbone of small-to-medium-sized companies, is part of the...

Source: Wall Street Journal March 03, 2018 00:50 UTC