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Why is fixed income deflated after Le Pen's defeat?

This week has finally cleared the immediate future of the European Union after the victory in the French elections of the young candidate by the centrist party En Marche! Emmanuel Macron in front of his rival the far-right National Front Marine Le Pen, which he threatened to do if he reached the Elysée “a second Brexit” that would completely weaken the aspirations to consolidate a common European project.

Although these elections can yield many readings, focusing on the problems that existed in the European Union after the unexpected departure from the United Kingdom, the result is satisfactory from the point of view of the general interests of the Member States of the Economic Community European

 

First political and economic impact in France

If we analyze the results of these elections in a political key, we can see that the voters have decided to continue and believe in the European project and reject the racist, xenophobic, autarchic and anti-Europeanist ideologies defended by Le Pen’s political program. Although we would be wrong if we forgot that about a third of French voters advocated a system change because of the accumulation of excess in recent years. This has caused that the traditional political parties have suffered a severe punishment, remember that the Socialist Party of Hamon has obtained an insignificant 6% in the first round, and therefore the liberal policies of Macron will have to correct all the excesses and errors made by the last governments to avoid a turn to the extreme right in the next elections.

The following graph shows the distribution of the vote according to the provinces, confirming that in the large urban population’s Macron was the most voted, with Le Pen winning only in a peripheral province in the north.

Elecciones Francia 2017

 

In the French countryside, the economic effects immediately after the defeat of Le Pen could not have been more positive. The French risk premium has fallen to values close to 35 basis points, one of its lowest levels in the year, and the 10-year French bond has also decreased its value close to 0.10% since the beginning of the elections with the celebration of the first round on April 23. Equities, on the other hand, have shot up; the CAC 40, the stock index equivalent to the Spanish IBEX 35, has reached its highest historical value in the last nine years, standing at over 5,300 points.

 

How do these elections influence Spain as a community partner?

As a neighboring country with important import and export trade relations with France and as a member of the European Union, we are one of the States with the greatest impact and influence due to the results of the Gallic elections.

Analyzing the Spanish market the days after the elections, we verified that the risk premium fell to 115 basis points and the interest required to the Spanish 10-year bond was around 1.6% (in the graph below it can be observed ). Following the trends of the French country’s stock exchange, the IBEX 35 also outperformed by stabilizing around 11,000 points.

Bono 10 años España

 

Regarding fixed income, the confirmation of the permanence of France in the European Union has confirmed the negative interest rates for Bills of the Treasury at six and twelve months (see the attached graph to check the different returns of the fixed income in Spain). In fact, in the closest auction that the Spanish Treasury has issued after the second round of the French elections, they have been placed thanks to the European Central Bank 4,676 million euros in six-month bills with -0.398% and twelve-month bills with -0.327 %.

Conclusions

The first conclusion that emerges from these results is that forecasts that predicted a stagnation of fixed income in negative values or close to 0% are confirmed and will remain valid at least until the end of 2018.

As a second conclusion, we can affirm that this defeat of the National Front confirms and supports the European economic project, which in the markets has translated into a lower aversion to risk.

Finally, this decrease in risk aversion on the part of the markets underscores the European Union’s tenure towards new expansive policies that allow States to place debt at a very low cost and penalize investments on deposits and short-term fixed income. , causing a more significant impact of the doubt in the medium and long-term. For this same reason, from the investor’s point of view, it is time to look for alternatives.

 

Where to find a substitute product for fixed income?

This situation forces us to look for substitute investment products that offer at least the same security with attractive interest rates. An investment product with these characteristics is found in the guaranteed investment operations with high profitability offered by MytripleA, a crowdlending platform licensed by the CNMV and the Bank of Spain.

Thanks to this product, any investor who registers for free on the platform can invest their savings from 50 euros with a return of 2% + Euribor and monthly maturities of the installments without any risk for lending their money. This is possible thanks to the guarantees in the form of an endorsement presented by different Reciprocal Guarantee Companies with which MytripleA has agreements. In this way, if a company fails to pay any fee, the corresponding SGR is obliged to pay in a maximum of 90 days the principal capital of the investors as well as the ordinary interest generated until the date of default. If we compare this guaranteed investment alternative with bank deposits and fixed income, we see that they differ enormously in the profitability granted to investors in favor of MytripleA.

Finally, after more than 30 years of exclusive use of these guarantees by banks with a 0% default, private investors have access to these operations guaranteed by SGR by investing directly in loans https://greendayonline.com/ to SMEs and freelancers. To know these advantages, register as an investor and invest without putting your savings at risk.

Credit Card Debt Help In Three Forms

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While undoubtedly are many excellent reasons to apply to have a credit card, it is sensible to put emphasis on keeping yourself secure also. In the event that sort you might need issues handling money, chances are you’ll want to get the MasterCard and make it in a right place. The method you aren’t enticed in order to create use of computer frivolously. Probably not forget, really the best balance transfer credit cards can keep a substantial amount of capital.

Gold Investing Techniques For Huge Profits

You can join all of the credit card payments into one payment through the use of a debt consolidation loans consolidation reduction loan. You take the funds from the debt consolidation loan to all of your credit card balances. You might be left with one loan and something payment each month.

It’s unlikely you could actually save enough using low-return guaranteed- or fixed-income property to meet your retirement requirements. You simply have to invest in sufficient risky assets to get the overall return necessary to fund your own retirement nest egg. Using uncertainty today about worldwide markets, high volatility plus a fresh memory of a close to global financial meltdown, too many investors have been fleeing the particular stock markets. That’s an enormous mistake. After every “crisis” global markets have regularly recovered, and this time it can no different.

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Nevertheless, we do talk about what we should call the “Run-Down” along with options straddles. These not necessarily my specialty, but There are made healthy profits investing in these methods. But again, these are only for Google investor relations who can remain the added risk.

When the lender agrees to the brief sale, the lender has the directly to issue the homeowner 1099 for the shorted distinction, due to a provision in the INTERNAL REVENUE SERVICE code about debt forgiveness. Some situations are exempt from debt forgiveness based on the Mortgage Forgiveness Debt Relief Work of 2007.

I do salute the writer for making a point I thought just I understood — that will investing risk does not cost volatility but real-world activities that force businesses to slice or stop paying payouts.

The Particular Secrets Of The Business Period

If you are struggling with massive personal credit card debt and feeling exhausted to discover a legitimate way to eliminate your dues, you are left with two options. Either it is possible to choose to file a bankruptcy suit or you can try to get rid of your credit card debt settlement debt for less with the help of a debt reduction program. Filing a bankruptcy case is not the first thing you need to do if you are burdened with debt. It should be your final resort as it contains lots of disadvantages which will befall on your financial career. What about the other option- debt settlement?

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Since the final presidential election, the economic climate has lost 1. several million jobs while incorporating 3. 6 million a lot more into the SSDI program. In a recent survey by the Nationwide Association of business economics, it can state that only 23% of all US companies intend to hire workers in the next 6 months. Added to that, the US production levels are now at the cheapest level since June this year. The US economic confidence catalog is now at the lowest coach anyone how to since January 2012. Along with municipalities and businesses countrywide filing for bankruptcy, to know how bad it will obtain before it gets much better.

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The 80/20 principle also known as the Pareto Basic principle states “that, for many occasions, roughly 80 percent from the effects come from 20 % of the causes”. As this fundamental principle holds true in business, economics, plus software development; I, as well, believe it is right for dual under training.

Split from fear and find approval for what we all should face. Easier said than done, but when your daily life includes regular self-care you will discover the internal strength and self-love to develop acceptance from serious within. It is incredible precisely what regular stress management can perform to assist you in your search for serenity and acceptance.

Are You Investing In Commercial Real Estate?

We get roughly five calls every day from commercial loan fx brokers. Most of these calls are a thorough waste of your energy for us as the broker has little or no control of the file and doesn’t have seen in one documentation inside the deal. Contain no idea if some individuals doable or not. The broker is almost always trying to get an idea if the mortgage loan is fundable, what the restrictions are and however what the rates and charges would be on the proposed note.

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A considerate loan officer will take the time to reply your questions and interact with you throughout every phase of the loan process. Use a great site, and you’ll be prepared, confident, and most likely, allowed.

Payday Loans Online – What And How

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