The causal link between French bond market turmoil and student protests
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View chart & analysis → - 1Paul Krugman stated that the turmoil in the French bond market and student protests are linked by the issue of intergenerational spending allocation.
- 2Student protests continue as France's budget deficit stands at approximately 5.4% of GDP.
- 3France's debt-to-GDP ratio is expected to rise to 122% next year.
So what's the key point?
Student protests are continuing in France as the national budget faces a shortage. The national debt is expected to increase to 122% of the economy next year.
Source Fortune · View original ↗
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