Regulation · CAC 40 Index (2024)
France's CAC 40 swung through an 8.3% drawdown after a government no-confidence vote left markets in regulatory limbo from August 2024 to February 2025. Replay each of the 144 days, tackle 25 decision points, and receive an AI coach review in this simulated learning experience.
144 daily bars · 25 decision points · 2024-08 to 2025-02 · Stocks
Key facts
This window spans 204 days with a peak-to-trough drawdown of 8.3% and a 15.1% run-up.
- Max drawdown
- −8.3%
- Max run-up
- +15.1%
- Duration
- 204 days
- Largest single-day move
- −2.7%
- Bars
- 144 Daily bars
- Decision points
- 25
Every figure above is computed programmatically from this replay’s own candle series — no editorial input, no LLM. Methodology: Methodology
The market advances day by day. You only see candles up to the current day — as if you were really there.
At key decision points choose Buy / Trim / Exit / Hold. Each decision advances the timeline by one day.
After settlement you get a six-dimension score and an AI coach review. Your result enters the scenario leaderboard.
Event Replay
What happened — and what it teaches
In the summer of 2024, France entered a period of acute political turbulence. A no-confidence vote toppled the government, leaving the CAC 40—the benchmark index of Europe's third-largest economy—operating inside a regulatory vacuum. With policy direction unclear and institutional oversight in flux, investors faced a market where the usual frameworks for assessing risk and opportunity were suddenly unreliable. The 144 trading days spanning August 2024 through February 2025 became a stress test for anyone managing positions in French equities. The stakes were not merely financial; they were tied to the fundamental question of how markets function when the state apparatus itself is in transition.
The index closed the period at 8154.51, up 10.6% from its starting level of 7370.45, a headline number that obscures the turbulence beneath. Along the way, the CAC 40 endured an 8.3% maximum drawdown—a sustained decline that tested conviction and risk management alike. The largest single trading day saw a move of 2.7%, underscoring how quickly sentiment could shift when headlines crossed from political drama into market-relevant action. Across these 144 bars, traders and analysts confronted 25 distinct decision points, 9 of which the replay labels critical—moments where positioning, sizing, or exit choices would have defined the difference between weathering the storm and accumulating losses.
This replay teaches that political uncertainty is not a single event but an extended condition that reshapes market behavior day by day. Process matters more than prophecy: no one could have predicted every twist, but a disciplined approach to sizing, drawdown thresholds, and conviction management provides resilience. Psychologically, the lesson is that regulatory limbo rewards patience and penalizes reactive decisions made under headline pressure. Working through each of the 25 decision points—particularly the 9 critical junctures—builds the instincts needed when the political backdrop turns volatile, not by offering certainty, but by sharpening the decision-making framework that endures regardless of outcome.
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