It is a major blow for Europe potentially, as long as (coalition partners) play the game of speaking unwisely, bond yields can go higher. Francois Savary More Quotes by Francois Savary More Quotes From Francois Savary At the end of the day, all these circumstances, including trade wars, have been in play for a while, and the market reacts sharply from time to time. Francois Savary business People have realized the risk of trade war remains with us, increase in trade was a major reason behind the synchronized global growth and if you blow this up you limit the opportunities for the world economy. Francois Savary business European results look quite poor compared to the U.S, which is why a lot of investors are still taking their cash out of Europe. Francois Savary company-news Corporate results have not been that great so far, we reduced our equity exposure in April after the market rallied up from the February lows, and we see no need to rush back into the market for now. Francois Savary company-news The U.S. growth figures paint a more encouraging picture for the global economy. Francois Savary company-news