French CAC 40 Index in Trouble?
The Financial Fixed Odds update from David Evans, Market Analyst, BetOnMarkets.
A recent blog post by BetOnMarkets revealed how the French CAC 40 and German DAX 30 indices had lagged behind other stock markets:
- From the post credit crunch low, and
- During the recovery this year
This has partly been due to fears that Germany and France would be dragged into a Euro wide mess if Greece were to leave the Euro or Germany pre-empt a euro collapse by leaving itself.
Other theories have surface recently which might explain the performance of the CAC. Zero Hedge put forward an argument that France could be in serious trouble due to its huge exposure to the so called PIIG economies (Portugal, Iceland, Ireland and Greece).
Be careful if you’re trading the CAC 40 Spreads.
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