If I were French, I’d be absolutely terrified that that’s my top3, and that they’re 20% of the country’s market cap.
urbangoose on
Oh damn.. I didn’t realize how heavy consumer discretionary sector is in France. 4 of top 10 are luxury brands?!
Whenever the next recession or depression comes, that economy is probably getting a good wack. Ain’t nobody spending money on fashion items when they can barely pay the bills.. especially the luxury sub-sector…
thenewguyonreddit on
France: A country of fancy fufu bullshit, oil, and drugs.
SignificanceBulky162 on
The French economy consists of buying a cheap bag from Vietnam for $10 and reselling it for $500 after calling it Louis Vuitton
Hyadeos on
Commenters lacking basic economics knowledge thinking that market cap = the economy.
5 Comments
If I were French, I’d be absolutely terrified that that’s my top3, and that they’re 20% of the country’s market cap.
Oh damn.. I didn’t realize how heavy consumer discretionary sector is in France. 4 of top 10 are luxury brands?!
Whenever the next recession or depression comes, that economy is probably getting a good wack. Ain’t nobody spending money on fashion items when they can barely pay the bills.. especially the luxury sub-sector…
France: A country of fancy fufu bullshit, oil, and drugs.
The French economy consists of buying a cheap bag from Vietnam for $10 and reselling it for $500 after calling it Louis Vuitton
Commenters lacking basic economics knowledge thinking that market cap = the economy.