LE FIGARO.
- The CAC 40, which took twenty-one years to go from 6,000 points to 7,000 points, took only sixteen months to rise above 8,000 points.
How is this explained?
Frédéric Rosamond.
- The large CAC 40 groups, to everyone's surprise, managed in 2023 to increase their results, and especially their profit margins, beyond expectations.
Which gives investors confidence in their economic models.
At the same time, the markets are betting on an imminent reduction in interest rates by the American central bank.
These elements are fueling the rapid rise in the stock market.
However, geopolitics weighs on French and European stocks.
Recent fears of a worsening of the war in Ukraine have slowed the trend somewhat, with international investors turning away a little from European markets.
Without this, the CAC 40 would surely have crossed 8,000 points sooner.
Are French stocks expensive?
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