Viva Le France!

25 באוק׳ 2018

Was able to find historical data for the French CAC 40 stock market going back to 1990. The price action going into 2000 is clearly impulsive and the French market has been tracing out a triangle pattern since. The European Central Bank will probably perpetrate another money printing explosion, after the coming market sell-off, to fuel another run up to all time highs in the mid-20’s. As I’ve seen time after time in these Socialist countries, the success of the people and businesses is belabored under the weight of Big Government, Heavy Taxes paying for social programs, and excess fiat money printing…