Friday's HOT MIC
It's not just the polls. There's another not-so-secret secret reason that LePen has less than zero chance against Macron in the French election: the stock market (aka la bourse). You'd have to be a pretty clueless investor not to have noticed the big jump in markets when Macron looked to be the big winner after the first go-round. That's not changing. I'm not clear on the percentage of French citizens who are invested in stocks -- here in the USA it's roughly 50% -- but it couldn't be that far off, even if somewhat less. People are just going to vote their pocket books -- duh -- whatever they think of the EU, immigration, etc. They pay for it eventually (or soon), but that's the way it is.
Mine own self, I confess I'm less depressed about this than I would have been a few weeks ago. When Marine made that statement denying French complicity in the Holocaust, I checked out. The apple had fallen close to the tree after all.
Speaking of the market, the percentage of Americans investing is down slightly. Reason: the millennials. They don't have the money. Tough luck for them, considering what's been going on since Trump was elected. The Nasdaq and the S & P hit all-time highs AGAIN today. Will that continue? Not forever, but maybe for long enough to make a killing. Bon chance!