Riots in France are said to be the worst riots that country has seen since the 1960s. In a twist on Frantz Fanon, the new wretched of the earth are apparently the non-rich native population. And yet Credit Suisse just ranked France among the top 5 wealth wealthiest countries, on the basis of median wealth, implying broad wealth distribution. Takeaways: Expect more social disruption, and a push for wealth redistribution. Investors require very wide asset diversification, including cash.
Learn more about your ad choices. Visit megaphone.fm/adchoices