Financial markets have always been influenced by the innovations which affected the survival of some companies or which generated the success of the others which had been at their launch. Excessive reactions spiraling out of controls even generated major crisis as at the beginning of the years 2000 with the Internet bubble. Its blow-out had consequences by far more important than the fall of some stocks and affected growth of the American economy. Lessons have not been learnt because we see again a craze for stocks which represents the “new economy” as Alphabet, Google parent company, or Amazon. They reach ...

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The president of the French Republic has warned his ministers: their next holidays will be limited to the strict minimum because the program of the government is so dense. That recommendation applies to the minister in charge of the ecological transition, Nicolas Hulot. He reminded it to him when he received him this week at the Elysée palace. To take into account environment is not only political stakes, it is an essential factor of the transformation of the society which will affect everybody’s behaviors, like, sixty years ago, holidays generalization, most of the time by the sea. It ...

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After the French president set the course of his action for the next five years and the Prime minister presented to the Parliament the main thrust of his economic policy, two questions need an answer: on which trend the French economy is today? Are considered actions appropriate to cope with the challenges the French economy is confronted?

During the 1^st quarter, growth estimation has been revised upward twice, from 0.3% to 0.5%. But in the INSEE calculus, the key element, volatile by definition, was the constitution of high inventories which hardly offset the negative contribution of foreign ...

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