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A trader shows a the GCDS index curve at the independant private banking company Meeschaert Gestion Privee, 22 January 2008 in Paris. The French stock market was whiplashed Today in the wake of very heavy losses as investors tried to get a firm fix on the US economy amid fears it could fall into recession and take the world with it. Having lost 6.83 percent Monday, the CAC 40 index then tumbled a further 5.0 percent in early deals Today as the market followed further sharp drops in Asia for its lead. AFP PHOTO JEAN AYISSI (Photo credit should read JEAN AYISSI/AFP/Getty Images)

A trader shows a the GCDS index curve at the independant private banking company Meeschaert Gestion Privee, 22 January 2008 in Paris. The French stock market was whiplashed Today in the wake of very heavy losses as investors tried to get a firm fix on the US economy amid fears it could fall into recession and take the world with it.  Having lost 6.83 percent Monday, the CAC 40 index then tumbled a further 5.0 percent in early deals Today as the market followed further sharp drops in Asia for its lead. AFP PHOTO JEAN AYISSI (Photo credit should read JEAN AYISSI/AFP/Getty Images)