Albert Edwards: Brexit Is Old News, Time To Worry About Italy

There are symptoms and there is core causation to economic events. There are excuses and their area reasons why financial events unfold the way they do. Societie Generale’s Albert Edwards thinks investors need to keep their eye on the ball. Stop bemoaning Brexit. There are bigger fish to fry and issues to tackle, some of which could dramatically impact the economy and markets going forward, he wrote in a July 8 report titled "Brexit is a symptom, not the cause of our problems, but who's next Italy?" The report comes just days after he said Brexit was an issue in the rear view mirror and pointed to other issues to focus on.