Sunday, April 23, 2017

It Looks Like France Will Not Get A Trump Type President

Macron and Le Pen will face off against each other in the final election for the French presidency.  Le Pen has about 24% of the vote and Macron has a bit higher percentage.  However, the candidates from France's major political parties, who lost to Macron and Le Pen, will support Macron in the final election.  Macron should receive about 60% of the vote and become President of France.  Things could change if there is another terrorist attack but the markets are reflecting a Macron victory.  The Euro has begun to rise versus the dollar and the Japanese yen.

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