Markets relieved, but France's fiscal fire still burns
1. France faces severe political crises, affecting market volatility. 2. Improving sentiment could impact global markets, including S&P 500.
FAQ
Why Neutral?
Political crises in major economies often lead to fluctuations. However, improving sentiment may stabilize investor outlook short-term, as seen during Brexit negotiations.
How important is it?
While France's crisis is significant, current sentiment improvement might not profoundly affect S&P 500 directly.
Why Short Term?
Immediate reactions to political events can influence markets temporarily, akin to the U.S. reaction during election uncertainties.