In France, Socialist Gov’t Outperforms Center Right: Societe Generale
While everyone is focused on the U.S. markets' incredible rally, peripheral European markets are under-priced and on the verge of a major rebound, writes Societe Generale analyst Paul Jackson. While most traders are skeptical of France, Jackson thinks that now is the perfect time to invest there, especially because a socialist government has recently been elected.
Now that the U.S. economy is recovering, and appears ready to absorb the effects of tapering, and China has avoided the much-feared hard landing, Europe is in a great . . .
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