Oddo BHF - France: a (very) positive shock on purchasing power

Report

Oddo BHF

Bruno Cavalier

France: a (very) positive shock on purchasing power

Everything seems to be coming together to ensure that French households benefit in 2019 from an increase in their purchasing power such as they have not seen in ten years. Job creation is increasing, albeit modestly, unemployment is falling and companies report that employment prospects are not deteriorating after the "yellow vest" crisis. Inflation is correcting its temporary surge of last year. The fiscal emergency measures of the "Macron plan" are the beautiful (but expensive)...

27/03/2019 5 EN

Provider

Oddo BHF

Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

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Analysts

Bruno Cavalier

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France: a (very) positive shock on purchasing power

Q-Park : Back into the HY market to finance its M&A strategy

Q-Park : Back into the HY market to finance its M&A strategy

Flos B&B Italia (ex-IDG) : Ratings at risk after a challenging start to the year. Lowering our recommendation.

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