SM’s flying on back of potential Macron Presidency.
Macron is a Socialist, cut from same cloth Hollande is and was even in Hollande’s government. The only diff is that Macron has even less experience than Hollande, but has same lousy ideas…So why does the mkt think everything will be different, it won’t be it will be worse if anything. ergo the mkt is being gamed to trigger MoMo Algo’s.
Most stupid reaction of all……. the Dax, which is up more than all the others, because if Macron wins, the Germans are gonna get the bill, so in reality a Macron win is a nightmare for Germany.