Sunday, 14 May 2017

Stories we should be thinking about

Stories we should be thinking about

Here are a few finance and related stories to be thinking about ahead of the new working week...

Macro matters:

Let’s start in France…and the country’s new President Emmanuel Macron says the EU will be 'reformed and relaunched'.  Good – and essential – sentiments…

…from a man who is close to the median age of his electorate:

…so slightly worrying to read on the front page of the Weekend Financial Times that he a be struggling to put together a domestic Parliamentary constituency:

‘Emmanuel Macron, France’s president-elect, suffered a setback in his push to renew the country’s political system after a key political ally claimed he had broken a deal to share out seats in next month’s parliamentary election.

Mr Macron’s party La République En Marche on Thursday unveiled a list of 428 candidates for the National Assembly elections…The list prompted a furious reaction from François Bayrou, a veteran centrist who backed Mr Macron at a critical moment in his presidential campaign. Mr Bayrou said the list was just “a recycling operation of the Socialist party”, and accused the incoming president of betraying a pre-election pact’

He is going to need to also get the help of the European paymasters…the Germans.  And on that front…

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