President Emmanuel Macron has appointed centrist politician François Bayrou as the new prime minister in an effort to stabilize political turmoil in France. Bayrou, a three-time presidential candidate, has a market-oriented economic view and supports social justice measures. His appointment has faced criticism from Macron’s opponents, who argue that he lacks democratic legitimacy and must engage in dialogue with all parties. The uncertainty in French politics has caused concern among businesses and investors. Bayrou’s ability to deviate from Macron’s pro-business policies will determine the success of his government. the given text.
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This Is, Officially, the 3rd Priciest Stock Market in Over 150 Years — and There's No Mistaking What Comes Next for Stocks, Based on History
Investors have faced significant volatility in the first seven months of the year, highlighted by the S&P 500's steepest two-day decline since 1950 and the Nasdaq entering a bear market for the first time in three years. However, since April 8, both indexes have rebounded to record highs, while the Dow Jones Industrial Average approaches its first all-time high since December, suggesting a strong bull market despite historical caution. Want More Context? 🔎
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