The French election is the next big event
It's all about politics in the financial market and Marine Le Pen will be a name we hear constantly in the next three months in the countdown to the April 23 first and May 7 second round of the Presidential election.
She touted a "return to monetary sovereignty" on the weekend and a plan to leave the euro. After becoming President should call a summit to replace the euro with national currencies. The "new French franc" would initially trade within a band of the euro.
What's more troubling is that she plans to use monetary financing, or helicopter money, to fund spending.
