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| Topic | Goddamn the UK's polls still don't close for another almost 3 hours |
| lesidesi 12/12/19 7:41:14 PM #70: | from an asset pricing perspective this result is extremely positive for UK assets, stocks are going to rally massively, GBP strengthened immediately hedge funds all were betting on this result because Boris winning was the obvious outcome, long GBPUSD was a super super crowded trade because it was such a good trade on market open we are going to see big moves up in stocks (specifically UK domestic companies) and the GBP is going to be strong, likely above 1.34-1.35 financially, corbyn would have been a disaster for asset prices in the UK, so from that perspective this result is certainly a more favourable outcome (politics/ideology aside) if the results end up being in line with the exit polls, this is also a stunning rejection by the British population of the hard left brand of labour party politics that have influenced the party over the past decade --- If they can get you asking the wrong questions, they don't have to worry about the answers. ... Copied to Clipboard! |
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