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BGC Partners senior financial analyst Louise Cooper give's her predictions for the French elections
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All right so we -- unable to get to -- -- but this French election to be a big deal this weekend for the markets and everything else is Nicholas Sarkozy the president faces off against the socialist.
France while hall on then -- they're gonna have a debate tonight nationally televised over there.
Before the final vote on Sunday at least Cooper joins -- senior financial analyst at BGC partners and -- comes to us.
From -- today so you know it's.
It's interesting because and if -- European markets is closing up for the day today -- it'll be interesting to watch.
On Monday if there's any reaction will there -- -- the market's pretty much kind of made a bet.
And figured out what's gonna happen here.
I think it's being key that marina patents and national fund believe that sets.
That she is not a Boeing saying that.
Then there's a -- of past seventeen point 9% of people who voted for that policy.
To vote -- -- casing that.
Instantly night -- Casey's position very difficult.
We'll swap along to put into the latest polls is about ten percentage points ahead of some crazy so he is expected to win.
That is very unusual -- socialist president very unusual in France.
This mean for those of us -- like -- -- -- markets very -- that's a pretty big deal as -- in this fashion with all the debate going on about whether.
Austerity should -- -- -- not to spend more money obviously all on the socialist is gonna wanna spend more money and then see what happens in Germany but it's a pretty big deal of a socialist running a major.
Country like France for markets.
-- mean for us a fool if you look back -- -- -- equity market performance to 2007.
Fought started underperforming.
The tax the -- in the S and paid.
About two years ago and -- -- -- George all the old old -- market some very correlate to 2000 night 2007.
2009 false starts to under -- -- bit 2010 but definitely in the last twelve months -- has been -- -- performing.
I think that starts to tell -- that are increasing concerns about -- it lost its triple a -- saying.
You know that it's no Spain yet but it's do you think -- -- then the question is is -- -- northern European -- states.
Or is it a fiscally irresponsible supplements -- I'm full -- and we'll take it to the south.
-- -- -- All right -- -- thank you very much we'll watch over the weekend to see if indeed does when there is a socialist president and now France until that --
