French Domestic Stocks Defy Political Risks to Beat Exporters
France’s political upheaval was expected to hit domestic stocks the most. In a counter-intuitive twist, they’ve turned into big winners as exporters were hobbled by the threat of US tariffs,...
By Julien Ponthus, Michael Msika · Bloomberg Markets
France’s political upheaval was expected to hit domestic stocks the most. In a counter-intuitive twist, they’ve turned into big winners as exporters were hobbled by the threat of US tariffs, a sluggish recovery in China and a stronger euro.