French Stock Pain Set to Continue After Worst Year Since 2010 [Yahoo! Finance]
ZURICH INS GROUP S/ADR (ZURVY)
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Source: Yahoo! Finance
But this could turn out to be a blip as France's political crisis is set to drag on while the country's stretched public finances will keep long-term investors at bay. Most Read from Bloomberg NYC's Run-Down Bus Terminal Gets Approval for $10 Billion Revamp Kansas City Looks Back on its Long, Costly Ride With Microtransit As Wars Rage, Cities Face a Dark New Era of Urban Destruction In a year when most of the world's major stock markets handed investors double-digit returns, France's CAC 40 Index is in the red, down 1.5%, heading for its worst year of underperformance relative to other European markets in over a decade. That's in large part due to President Emmanuel Macron's decision to call a snap general election in June. The failed gambit unleashed months of political infighting just as the country badly needed stable leadership to reign in a budget deficit that's among the highest in Europe. With the government in tatters following a recent no-confidence vote and borro
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