Socialist François Hollande may well win the French presidential election. But don't expect a big brawl or gridlock with German Chancellor Angela Merkel over austerity and debt. Markets will keep Hollande in check. And then there's the tradition of German-French cooperation.
This recovery isn't nearly as robust as previous upturns. Japan, Libya, and other crises could undercut it.
President Obama must decide whether to embrace or change Bush's detention policies.