Nevertheless, skittish investors burned by the 2008 credit crisis are selling first, and asking questions later.
“You’ve already had situations in Greece, Spain has been in there, Portugal, and now if you are talking about France, which because it’s a bigger economy, it probably generates more concern on a comparison basis,” remarked Gordon Charlop, managing director of Rosenblatt Securities, reports Chuck Mikolajczak for Reuters.
iShares MSCI France (NYSEArca: EWQ)
Max Chen contributed to his article.