Trader: “Be Wary Of People Who Say ‘That’s That'”
I'm not sure there are too many political scientists (or, as Nassim Taleb would call them, "pseudo-experts") out there who seriously believe the French elections are something we only need to be concerned about if Le Pen and Melenchon both make the second round. But there are plenty of traders who would tell you just that.
The fact that we are where we are today in terms of a four-way free-for-all just days before the first round speaks volumes about the fractious state of French society. Ye