"Macron is better than some wacky extremist", says ADVFN's Chambers

May 08, 2017, 10:47 AM

What does Macron victory mean for the EU and the UK? Will he be able deliver sweeping reforms or will he go the Hollande way?

Clem Chambers, Founder and Director of ADVFN, doubts Macron's ability to deliver big time, but says in politics doing nothing is often better than doing something wrong. He says, "Macron is any time better than some wacky extremist".

Key quotes:

EU is not going to fall apart and shall remain a super state

Strength in the EUR suggests the confidence in the EU

Trump's policies - low tax, high spending may put pressure on USD's reserve status Chambers is still bearish on the market and prefers to hold cash

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