The French stock market looks very vulnerable, especially relative to euro area peers. rance’s economic and asset price outperformance since 2004 was supported by a much more explosive credit boom compared to Italy and Germany. But that boom has ended and is now reversing: investors should expect France’s asset price performance to also sharply correct. [...]
Continue reading...March 26, 2013 By Leave a Comment
Cyprus Hurts, But Eurozone Stocks Are A Bargain
Reprinted from: The Montreal Gazette By, Jay Bryan part from the titillating presence of Russians with possibly shady wealth, there’s not a lot of difference between today’s banking crisis in Cyprus and the crises that we saw a few years ago in places like Iceland and Ireland. As with the preceding events, the outcome seems certain to [...]
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