Area Stampa

FT: Macron scepticism won’t pay for investors

It is easy to reassert Euroscepticism but French president’s victory will prove turning point.

By electing Emmanuel Macron as their next president, the french have made the choice of an open, forward looking and European future. Can Mr Macron live up to his promises to revive the French economy?

Financial markets have already shown signs of relief, with a sharp decrease in the price of downside protection for stocks and sovereign debt. But investors still underestimate many of the positive catalysts that macronomics could bring to the table.