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Le Pen vs. Melenchon Runoff Is Disaster, Says Adam Posen

Analyst Who Predicted Trump’s Ascendancy Bets on Le Pen Win


By -- Bloomberg —— Bio and Archives April 21, 2017

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Don’t bank on a relief rally in the euro area anytime soon.

Markets are underpricing the prospect of Marine Le Pen emerging victorious in the French election as a sea of undecided voters throws into sharp relief pronounced apathy for center-leftist Emmanuel Macron—the front-runner by a whisker—and the backlash against the European Union project.—More…



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