French voters elected François Hollande as president on Sunday, giving France a Socialist leader who has pledged to shift the burden of hardship onto the rich and resolve the protracted euro sovereign-debt crisis by softening the current prescription of austerity.
Some of Europe's biggest banks are increasingly hoarding their cash at central banks, anxious that the continent's crisis could intensify and leave them with bigger problems.
Berkshire shares have significantly underperformed the S&P 500 in the past three years, as Buffett has kept his investments sober while the market has gone on a binge. If the past is any guide, that's not a good sign for the market.
Executives at several European banks and insurers will be watching anxiously for signs of investor discontent at upcoming annual meetings, as a wave of "no" votes on pay gathers momentum in the financial-services sector.
In the stock market, overhyped generally means overbought. So it will likely be with Facebook when the social network stages its IPO. But patient investors should take advantage of any volatility after the IPO euphoria fades to buy the shares.
Aviva investors main gripe is the U.K. money manager's poor share price performance. The arrival of a new chairman at the end of June will be a chance to review both strategy and management.