CAC40 is now at a record high despite all the negative news like Ukraine war, high inflation, bank crisis, riots due to the extension of the pension age, recession concern, World War III concern, Nuclear war concern .... So if you listen to the professional writers and then short CAC40, you will be weeping and gnashing your teeth in despair. DAX, FTSE might be at a record high soon.
Doesn't really mean much, the CAC is only up 15% compared to its year 2000 highs. The DAX is up 100% over the same time, but still way behind the S&P. The Nikkei may make new all time highs soon as well, only took it 33+ years..