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Three Lessons From The UK Elections

From dlacalle.com

The results of the UK elections have shown something that I have commented on several occasions: The widely spread narrative that British citizens had regretted having voted for Brexit was simply incorrect. We already had the evidence in the European elections, where the Brexit Party won with 31.6% of the votes, but the general elections have been even clearer. The Conservative Party won by an absolute majority (more than 360 seats and 43.6% of the votes). The failure of Labour’s radicalism led by Jeremy Corbyn has been spectacular, and his interventionist messages, reminiscent of the terrible Harold Wilson period, ... (full story)

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  • Category: Fundamental Analysis