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French stock market index CAC 40 (^FCHI) fell off by over 2.6% in Friday's session, closing the trading week nearly 4% lower. The root cause seems to be the political uncertainty tied to the snap election France's President Emmanuel Macron called for. Are US equity markets (^DJI, ^IXIC, ^GSPC) due for a similar fate ahead of November's presidential election?
CFRA Research Chief Investment Strategist Sam Stovall comments on what the markets illustrate about the election cycle, and vice versa, as Robert F. Kennedy, Jr. is still considered to be in the fray of things alongside frontrunners President Biden and former President Trump.
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This post was written by Luke Carberry Mogan.