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Thomas Cook has been hit by weakening consumer confidence in Germany, as political uncertainty weighs on its crucial continental Europe business.
Yet in a complex political landscape — and with significant policy differences between Mr. Monti and Mr. Bersani, who have been criticizing each other in their campaigns — nothing is a given, and the political uncertainty weighs on financial markets.
"The recovery has suffered new setbacks, and uncertainty weighs heavily on the outlook," the fund said, warning that its forecasts might be overly optimistic if policy makers in Europe and the United States fail to carry out pro-growth policies.
And this uncertainty weighs heavily on the 12 year old.
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The economic uncertainty weighed on banking stocks.
"But there is a lot of uncertainty weighing down on the economy".
The Fund's worries about referendum uncertainty weighing on the UK economy coincided with a fresh warning on Brexit from S&P.
"Incoherence between monetary and fiscal policies adopted in different countries and a piecemeal approach to financial sector and sovereign debt problems, in particular in the euro area, have led to uncertainty weighing on the global outlook," said the report.
"We are inclined to believe that this general domestic gloom and uncertainty weighed significantly in the balance of India's nuclear decision," reads the cable sent on the date of the nuclear test.
But disruptions from Hurricane Sandy and uncertainty weighing on consumers and businesses from the budget negotiations in Washington are likely to restrain growth in the fourth quarter, according to analysts' forecasts.
That uncertainty weighed on equities, with the Standard & Poor's 500-stock index shaving off more than 6 percent and reaching a new low for the year, over the seven consecutive trading days through Tuesday.
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