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Stimulus and dissaving, the twin hopes of France
The French economy has recovered from lockdown faster and more robustly than was thought possible a few short months ago. The rebound in activity, business climate and spending on goods is impressive, but it is mostly an automatic catch-up. What happens next is uncertain. First, pandemic-related fears are once again omnipresent. Second, the rebound has been tapering off between May and August, a sign that further support measures are needed. By hammering home the idea of a € 100b...
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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.
Bruno Cavalier
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