2023 Top 500 ranking: 8
Interest rate differentials between France and Germany rose sharply in the months leading up to the French presidential elections and even reached levels never seen since 2011.
But after the election of Emmanuel Macron (and even a little before, to tell the truth), these spreads have narrowed markedly, proof of the fall of the specific risk on France.
Macroeconomic forecasts as of 12 April 2024
”The BoJ does not have the right conditions to hike in 2024 or 2025.”
”Market sentiment may remain positive if we don’t see an economic slowdown and inflation also doesn’t surprise. However, areas of excess have built up, and underscore the need to remain vigilant.”
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