Impact of French and UK Elections on Markets

The chapter analyzes the outcomes of the French and UK elections and their effects on the markets, emphasizing the preference for the current status quo's plans to reduce deficit and debt to GDP ratio. It discusses the uncertainty in markets due to potential far-right government scenarios and the impact on European equities and bond markets, with a focus on credit spreads and concerns about future debt financing. The chapter also explores the implications of ongoing political uncertainty in France on European markets, including challenges of fiscal expansion and monitoring market signals for economic impact.