French CAC 40 Crumbles Amidst Economic Stagnation

[kreslik.news]

As global benchmarks continue to edge lower over time, European equity indices have not been omitted from the carnage. With many regional indices operating in bearish market territory, the outlook looks grim for European corporates as the ongoing deceleration of global trade and weak sovereign fundamentals continue to weigh on valuations.

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This is especially true for France, where macroeconomic conditions continue to largely stagnate as the nation enters another year of fiscal austerity amidst a weak growth backdrop. Despite accommodative policy measures from the ... (read more)