Bank of France deputy governor Sylvie Goulard speaks in Paris

  • There are signs of overvaluation in US and French stocks
  • Sees risks of potential market corrections
  • French banks are resilient

Goulard was appointed as the deputy governor earlier this year, and she's mainly talking about financial risks in her speech now. The risks of the twin deficits in the US isn't anything new, but it is interesting to see that she views that global equities remain at elevated levels still.