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Stock impact report

Short-Squeeze Risk Rises for French Stocks as Barnier Faces Vote [Yahoo! Finance]

Barclays PLC (BCS) 
Company Research Source: Yahoo! Finance
Most Read from Bloomberg As Wars Rage, Cities Face a Dark New Era of Urban Destruction Riyadh Metro Partially Opens in Bid to Ease City's Traffic Jams Benjamin Melman, global chief investment officer at Edmond de Rothschild Asset Management, said French blue chips have already priced in most of the stress from the possible fall of Prime Minister Michel Barnier's government. “The situation in France remains worrying but beware a short squeeze,” said Melman, referring to a situation when investors who were betting on the fall of an asset need to urgently buy back their positions when the market goes against them. That could fuel further gains in the securities they're selling. Far-right leader Marine Le Pen and her National Rally party have vowed to support a no-confidence motion submitted by a left-wing coalition on Wednesday. The outcome of the vote later Wednesday could have significant implications for France's government, economy, and politics, including a government col Show less Read more
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