Get insights from Emmanuel Roman, a top French figure in global finance. As the head of PIMCO, a major bond market management company, he warns of potential market repercussions if the far-right Rassemblement National (RN) gains power. He stresses that the surge in US debt is unsustainable. Roman emphasizes the macroeconomic challenges facing Europe, such as high debt and inflation, and questions the RN’s approach to these issues.
Will the RN’s rise lead to a French debt crisis?
Roman believes that while markets react to illogical economic policies, the presence of the European Central Bank mitigates some risks for France. He cites the UK’s experience with market corrections due to policy decisions as a cautionary tale.
How does PIMCO navigate market uncertainties during elections?
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