The French Election and Relationship Between Risk On and Safe Haven Assets
With the French election (round one) on Sunday we could see some shorter-term moves in the markets. What is important is understanding where the markets stand and what some of the current relationships are between risk assets and safe havens. Chris Temple takes time to look ahead to the French election and understand what is at play.
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CRAZY…………NOW there is a EFT EFT…….zerohedge
https://www.youtube.com/watch?v=WCBUKGdtTys
the french elections….
French media are claiming the Paris attack was NOT terrorism, when a note praising ISIS was actually found near the body of the Terrorist:
http://www.bbc.com/news/world-europe-39671542
Chris:
You have mentioned 2350 on the S&P several times. Does today’s close below that say anything??
It might – again — more important is the down trend of recent weeks is still in tact. On the surface, chart suggests a coming bigger break lower; however, good policy news and a benign French election outcome could change that instantly.
But Chris, what if we are reduced to ashes by a super mega preemptive strike by Dragon Ball Kim over the weekend?
I’ll be enjoying local culinary delights and craft brews at our beautiful local amphitheater alongside the ocean .. so I’ll go up in a cloud of happy dust!
https://www.youtube.com/watch?v=VKpfg8pWslE
A different view on the French election.