French markets experienced volatility on Monday following the surprise victory of France's far-left coalition party in legislative elections. The CAC 40 shares showed a rollercoaster of movements despite relatively steady bond prices. Projections indicate a hung parliament with no party securing a majority, leading to potential coalition building and legislative gridlock. Economic concerns arise with the New Popular Front's ambitious spending plans, including a €150 billion boost in public expenditure funded by increased taxes on the wealthy. France's economic outlook is already shaky with a high budget deficit and credit downgrade. While political uncertainty looms, some investors find solace in the possibility of a fragmented government limiting radical policy changes. Despite conflicting views and potential coalition formation, the future of French politics remains uncertain.