FYI: France’s CAC 40 (it’s most widely followed equity index) gained 4.14% today (in local currency), which was its biggest one-day gain since August 2015. Below is a chart of the CAC 40 over the last four years. While the index was set to close at a new 4-year high today when we got into the office early this morning, it actually closed the day at 5,268.86, which is just 0.05 points below its closing high of 5,268.91 reached on April 27th, 2015! French investors will have to wait at least one more day for a new closing high.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/france-germany-test-multi-year-highs/
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https://www.google.com/#q=Another+Year+of+Double-Digit+Gains+Barron's
Regards,
Ted