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EU election ushers in uncertainty and volatility
The European Parliament election resulted in expected gains for far-right parties—and an unexpected decision by French President Emmanuel Macron to call a national election on June 30. David Zahn, Franklin Templeton’s Head of European Fixed Income, discusses why the campaign in France will contribute to market volatility and may be pivotal for the European Union (EU).
Mutual Series Portfolio Managers Katrina Dudley and Mandana Hormozi discuss why Europe deserves renewed attention. They believe newfound stability and unity of the region, its pioneering use of regulation and environmental initiatives and accelerating vaccine rollout provide Europe scores of return potential.
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