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Bank of France’s Goulard: US has deficit risk from Trump’s pro-cyclical policies

The Bank of France Deputy Governor Sylvie Goulard is on the wires now, via Reuters, speaks about the financial risks in Paris.

Key Points:

US has deficit risk from Trump’s pro-cyclical policies.

There are signs of overvaluation in US and French stocks.

Sees risks of potential market corrections.

French banks are resilient.

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