Politics have rarely been more fraught on either side of the Atlantic in the post-war era, and yet European stocks are marching steadily higher – casting doubt on the old adage that markets don’t like uncertainty.
Voters go to the polls this year in France, The Netherlands and Germany on a rising tide of populism that is out to challenge the established order built since World War Two.
None of the far-right parties seems to have a strong chance of securing power. Nevertheless, since the surprise outcome of last year’s U.S. presidential election, financial markets remain particularly apprehensive about the possibility, although narrow, of the anti-euro Marine Le Pen winning the French presidency.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of Precise Investors. The information provided on Precise Investors is intended for informational purposes only. Precise Investors is not liable for any financial losses incurred. Conduct your own research by contacting financial experts before making any investment decisions.
