Here's your summary from Markets in 3 Minutes: France Is Slow Burn Negative Story for 2H (https://www.youtube.com/watch?v=1NPWozv_c9o) on the Bloomberg Television channel:

### TLDR:

French election results show no majority control, leading to potential gridlock and negative impact on French assets in the second half of the year.

### Key Points:

1. French election results did not yield a majority, indicating potential gridlock in government.

2. France's fiscal situation is seen as unsustainable, likely leading to negative impact on French assets.

3. ECB intervention in response to French election is not seen as an immediate concern by traders.

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