With one day to go until the UK Election Day, the latest opinion poll(s) have Britain’s Conservative and Labour parties tied at 33 percent of the vote, which has barely budged in the two months of campaigning. Further complicating the maths are the Scottish Nationalists, who are poised to trounce Labour north of the border, whilst the anti-EU UKIP appear set to take a lot of Conservative votes in England.
The stock market is the best available gauge of how the country is feeling, “because investors can act swiftly to express their optimism or pessimism,” and as an increasingly positive social mood produces a rising stock market, which increases the votes for the incumbent, an increasingly negative social mood produces a falling stock market as well as votes against the incumbent......please continue HERE
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