From the daily archives:

Monday, May 7, 2012

France Goes Socialist

May 7, 2012

The people of France voted for change yesterday — from a right-leaning President in Sarkozy to the Socialist Francois Hollande.  The markets voted today — first down, then profit-taking.  Not a tantrum, but not an endorsement either. The people of France, like those in Greece and Italy, have chosen to wait until another day to [...]

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