Just 20 years ago, the CAC 40 was close to 7000 points.
On September 4, 2000, the flagship index of the Paris Bourse ended the session at 6,922.33 points.
Two decades later, the flagship index of the Paris Stock Exchange is struggling around 5,000 points.
In the meantime, four major shocks have followed one another.
From 2000, the bursting of the internet bubble shattered many illusions.
Professionals also have bitter memories of this period.
"
The market had poured into a real collective madness
", recalls a professional.
The backlash was painful.
The CAC 40 fell to 2401.15 points on March 12, 2003.
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After rising to nearly 6200 points in 2007, it plunged again with the subprime crisis.
These high-risk mortgage loans have spread their poison throughout the global financial system.
The shock was still severe: the index plummeted to 2519.29 points on March 9, 2009.
The sovereign debt crisis from
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