France is a basket case (and I say that from someone watching the nonsense in the UK) and has been through 5 prime ministers in the last 2 years ?!
Clearly that has had a toll on movements in the French Index CAC40. My view is we are stuck between 7600 & 8000, and have been for a few months.
Will a new Prime Minister help provide stability for France and the CAC? Your guess is a good as mine - and my guess would be, no. Even when price has broken the 8000 level you can see that its topped out around 8200.
Clearly that has had a toll on movements in the French Index CAC40. My view is we are stuck between 7600 & 8000, and have been for a few months.
Will a new Prime Minister help provide stability for France and the CAC? Your guess is a good as mine - and my guess would be, no. Even when price has broken the 8000 level you can see that its topped out around 8200.
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