Funds That Can Win in a Resurgent France
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Investors watching the Tour de France cyclists gliding down the Champs-Elysees to the finish line at the Arc de Triomphe on July 29 might want to ask themselves if that country might be worth a look for an investment allocation, too.
After all, in May, France elected its first pro-business president in recent memory, followed a month later by a victory in parliamentary elections for Nicolas Sarkozy's center-right UMP Party.
President Sarkozy has been talking about economic concepts unheard of in modern France: lowering the tax burden on businesses; ending the 35-hour workweek; and reducing the size of government. Et après!
Room for Growth
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