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A notable change in bond yields, reveals that French government bonds now offer higher yields than Spanish bonds, marking a significant shift in the historical context of ratings and stability. Despite the appeal of these higher yields, Marc raises concerns about the current French government's stability and its future economic policies, particularly regarding pension reforms and taxation. In this brief video, Marc Ellazidi, fund manager of Merill Funds, delves into the Purchasing Managers' Index (PMI) and domestic challenges faced by Southern European economies, drawing comparisons with Germany's economic performance. He examines the resilience of Southern Europe in navigating these issues and explores the trends in GDP that characterize the region's recovery. Stay tuned for the full interview coming out later. #economy #investing #stockmarket #interestrates #yields #funds #FrenchEconomy #SouthernEurope #MerillInvestors