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Why 95% of Traders Fail

Why Opinion Pollsters Got UK Election 2015 Badly Wrong

ElectionOracle / UK General Election May 15, 2015 - 10:04 PM GMT

By: Nadeem_Walayat

ElectionOracle

Barely a week ago the people of Britain were going to the polls in what was unanimously proclaimed by the mainstream media as a too close to call general election, one where the Labour and Conservative parties were virtually neck and neck and where even if the Conservatives managed to pull a a handful of seats ahead would still lose be default as they would not be able to form a majority even with Lib Dem support and therefore the Labour party appeared to be destined to win the 2015 general election, all of which was based on a year of opinion polls that consistently presented this consensus view right up to the polls closed at 10pm.


Instead, the reality proved to be the exact opposite as instead of the Ed Milliband walking into No 10 we had David Cameron texting the removal vans to do an about turn as he raced back to Downing Street before the locks were changed and thus this video seeks to answer why the opinion pollsters got the UK general election 2015 so badly wrong which given that they were contrary to my long-standing expectations for a Conservative win gave me plenty of time to ponder why the polls were consistently wrong.

By Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2015 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 25 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Housing Markets Forecast 2014-2018The Stocks Stealth Bull Market 2013 and Beyond EbookThe Stocks Stealth Bull Market Update 2011 EbookThe Interest Rate Mega-Trend EbookThe Inflation Mega-trend Ebook

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Nadeem Walayat Archive

© 2005-2016 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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