An excellent discussion of the fiscal, labour market, and competitiveness issues which will confront the new resident of the Elysee Palace. France IMF June 2016
Category: G7
Macron Victory: Stay Overweight Europe For Now
24 April 2017 After the most unpredictable and consequential election in recent French history, Emmanuel Macron and Marion Le Pen have advanced to the second round run-off on May 7. Even with the field now reduced to two candidates, however, the nation still faces a stark choice, as the candidates represent distinctly different visions about [...]
Bank of England: Navigating the Brexit Swamp
23 March 2017 At long last, after a long campaign, referendum vote, and legal challenges, the Brexit negotiations can officially begin. Of the many important issues confronting the markets will be how the Bank of England navigates monetary policy through these uncertain times. This is especially true as the last CPI release saw inflation breaching [...]