SNY - French Stock Market: Don't Forget The Dividends

A recent article on Seeking Alpha provided an interesting discussion of the long term direction of stock markets. To illustrate the point that stock markets do not always go up in the long run, the author noted that "The French CAC 40 Index has yet to recover from its 2000 stock market high", a poor performance that he attributed to "the lack of growth faced by contemporary France".

There were certainly better places for your money than the CAC 40 index during the period; however, in this article, I will argue that:

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