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I Will Be Watching The Outcome Of French Parliamentary Elections...and I Think All Of You Should Too!

June 10th and June 17th to be exact. Media reports have the left leaning Socialists winning but needing to form a government with other leftist parties to form a majority. This majority also requires the Conservatives not to ally themselves with "the Far Right" which according to polling data if combined would in fact give the right have a governing majority. Given the "air pocket" of the market today which was caused obviously by the inability of Greece to form a government one shudders to think what will happen should something similar in France.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.