U.S. News: What Italy's Big Vote Means for Investors


Now, more than ever, Italy looks like a big, fat mess for investors.

On Dec. 4, Italian voters roundly rejected constitutional reform. The immediate impact was the resignation of Prime Minister Matteo Renzi.

He had promised to do so if the result went against him. That means at least one campaign promise has been kept. Still, the move creates other issues. Read more here.