Market's holding its breath

STOCKS finished a volatile week more or less flat ahead of the French election and details of the Trump administration's tax plan. Of the two, political risk from France is arguably the more potent - some brokerages say it is the biggest risk to the post-2009 bull market - which means this week could see a relief rally, or perhaps even a crash, depending on the outcome of that election.

The leading candidate is Marine Le Pen, …