When the French presidential elections results were in financial markets around the world breathed a sigh of relief.
However, some investors thought this was a sign that exchange traded funds (ETF’s) invested in developed Europe were at their high point after the election and it was time to move on to other ETF’s.
Brian Bonar, an entrepreneur and investing expert, says this isn’t the case at all and now is likely a great time to be investing in the region.
The French presidential election pitted someone from the extreme right, Marine le Pen, against Emmanuel Macron is who is a slightly left of center moderate. Macron easily one the race which was happily greeted by investors as he lends political and economic stability in the Eurozone.
It appears that the positive economic trends that have been going on in Europe in the last several months are set to continue under his leadership of France.
One of the main reasons that European-focused ETF’s are a good buy right now is due to the strength of the dollar. This makes these types of ETF’s a good buy right now and they should increase in value as the Euro gets stronger in relation to the US dollar.
However, it’s not completely easy sailing. Brian Bonar does caution that investors need to keep an eye on who Macron picks as his Prime Minister as well as if he is able to create a moderate government coalition in France. If Macron chooses wisely than his progressive economic agenda will gain traction which is something that investors are looking for. ETF’s that are invested in developed European markets should continue to be one of the safest ways of investing in stocks over at least the next few year.
Brian Bonar is the head of two financial companies. He is the Chairman and CEO of Trucept as well as Dalrada Financial Services. Both companies, located in the greater San Diego area, provide financial services to other companies such as staffing, outsourcing, payroll, tax advising, and other services.
According to Market Watch, Brian Bonar has over 30 years of experience in the financial industry as an executive with a specialty in handling complex mergers and acquisitions deals.
Before starting his career, Brian Bonar attended James Watt Technical College in Smethwick, UK, where he earned his degree in Mechanical Engineering in 1969. Later on, he earned his Masters in this degree from the acclaimed Stafford University.
He started out his professional career in the technical industry as he worked for IBM for several years. He founded his first company, Bezier Systems, in 1994 and went on to found other financial companies such as AMS Outsourcing in May 2006.