, Columnists
Investors Embrace An(Other) Unpopular President
French stocks overlook Emmanuel Macron's sliding popularity.
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There's a G7 President facing a slump in approval ratings, and a stock market that's cheerfully relaxed. No, not Donald Trump -- France's Emmanuel Macron.
The 39-year-old banker-turned-politician has reached 100 days in power, and you'd think investors might be nervous about the would-be reformer's chances of success. A key test begins this week when the government unveils proposals to overhaul France's strict labor laws, and unions are already planning protests for September.