June 10, 2024

FAR RIGHT SURGES IN EUROPE, ADDING TO GEOPOLITICAL RISK

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Added Geopolitical Risk

Please click here for a chart of France ETF (EWQ).

Note the following:

  • The chart shows French stocks made a lower high.
  • The chart shows French stocks are making a topping formation.  This is a negative.
  • Investors already face significant geopolitical risks emanating from Ukraine, Taiwan, Korea, and the Middle East.  Now there is an additional risk – far right parties may win a record number of seats in the European Parliament.
  • According to the exit polls, far right parties will win 150 of 720 seats.
Please click here or the title below to read more.
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