You are in:
Crash & Burn
This is the front page of France's left-wing newspaper, Libération, after Monday's mighty stock market slump. Since then, both Britain's FTSE Index and France's CAC40 have returned to levels close to those they enjoyed before "lundi noir", though it is clear we are not out of the woods yet.
Two things. First, Libé isn't reporting this week's - and particularly yesterday's - equally staggering gains, of around 6 percent in both markets. Second, staff at Libé are in a notoriously insecure profession. The newspaper has struggled, and when investors have stepped in to buy or rescue the ailing rag, hacks have made it clear that their cash is not welcome. Is it really sensible for journalists to be reporting a stock market "crash" with such glee as Libé's hacks mustered - when they're likely to be the first casualties of investors' money being moved into safer bets?
