Intro

France has just installed its fifth prime minister in just two years, after another government lost a vote of confidence over its efforts to cut the nation’s bloated deficit. What does this political dysfunction in Europe’s second largest economy mean for investors? Does this mean that investors should stick with the US, where equities have continued to hit record highs? In this week’s episode of Across the Pond Claudia Panseri, CIO for France, and Dean Turner, the CIO’s European economist, explains that there are still plenty of compelling investment opportunities in Europe. The prospect of a rising euro as the Fed starts cutting rates makes this a good time for US investors to ensure adequate exposure to investments in Europe.