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Goldman says French stocks’ underperformance likely to continue

Goldman tells investors French stocks are underperforming and may continue to do so, citing looming pressure from France’s 2027 election.

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FRENCH STOCKS ARE UNDERPERFORMING BUT NOT CHEAP ENOUGH TO BUY, SAY GOLDMANFrance's 2027 election is getting closer, and does appear to be weighing on stock marketsGoldman have a note out Thursday with a few striking statistics, and their conclusion is the underperformance is more likely to continue…