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Why 95% of Traders Fail

Theresa 'Cersei' May Wins Tory Game of Thrones to Seize Conservative 'Iron Throne'

Politics / BrExit Jul 11, 2016 - 11:17 PM GMT

By: Nadeem_Walayat

Politics

Home Secretary and master tactician Theresa 'Cersei' May surprised all by succeeding in seizing the Tory 'Iron Throne' some 2 months ahead of schedule, putting David 'Lannister' Cameron on 48 hours notice to quit No 10 Downing Street. The seeds for today's victory were sown a week ago ago as BBC newsnight revealed emerging details of a plan hatched to kill off Andrea Leadsom's building campaign before it gained further momentum.


The plot in the mainstream establishment media began with Andrea Leadsom over the weekend being heavily criticised for her comments that she had children and Theresa had not and thus she had a greater vested interest the future -

"I am sure Theresa will be really sad she doesn't have children so I don't want this to be 'Andrea has children, Theresa hasn't', because I think that would be really horrible."

"It means you don't want a downturn but, never mind, 10 years hence it will all be fine. My children will be starting their lives in that next 10 years so I have a real stake in the next year, the next two."

" Genuinely I feel that being a mum means you have a very real stake in the future of our country, a tangible stake."

This brought forward a torrent of outrage from the establishment press and politicians who literally slaughtered Andrea Leadsom for her comments, That prompted Andrea to apologise Sunday .

“I’ve already said to Theresa how very sorry I am for any hurt I have caused and how that article said completely the opposite of what I said and believe,” she said.

“I was pressed to say how my children had formed my views. I didn’t want it to be used as an issue. Having children has no bearing on the ability to be PM. I deeply regret that anyone has got the impression that I think otherwise.”

However what's missing from the picture is that effectively Andrea Leadsom had been ambushed by Theresa 'Cersei' Mays team as they had been briefing journalists of the anguish that Theresa May has suffered at not being able to have children, thus with a hint and a wink encouraging the establishment journalists to repeatedly ask Andrea Leadsom about her views on this matter and thus falling into their trap.

This is what is coming to light several hours AFTER Andrea Leadsom pulled out of the leadership race and Theresa 'Cersei' May declaring victory during the afternoon as reported on by BBC Newsnight.

"A senior figure in Andrea Leadsom's camp, told me that she walked straight into a trap laid by the Home Secretary's team. In one of the most extraordinary claims of this campaign. This person told me that the Home Secretary had deliberately talked last weekend about her pain of not having children so that journalists could then be enticed to ask Andrea Leadsom about her life as a mother. This person also told me that the Theresa May campaign were planning a second round in which the Home Secretary would talk about her battle against diabetes so that journalists could once again be encourage to once again ask Andrea Leadsom about Theresa May's personal life."

Early in the morning and before Andrea Leadsom quit, Theresa May gave her 'BrExit is Brexit' fantasy speech. However now that a REMAINer is in charge then this clearly does not bode well for BrExit as those who voted LEAVE were expecting it to happen. For instance those expecting Article 50 to be triggered anytime soon are now going to have to wait until well into 2017! And it now may never even happen!

Thus BrExit is going to be heavily watered down with effective little change to Britains membership of the EU, a faux Brexit of a few tweaks here and there but not much impact on the likes of free movement of people for instance. Therefore Theresa May seizing power is a bad day for democracy, freedom and the British people as Theresa May was chosen by just 199 Tory MP's against 17 million Brit's who voted to LEAVE the EU. It effectively has now made BrExit freedom infinitely less likely than if Andrea Leadsom had been anointed Prime Minister of Britain.

for further implications of the Tory and Labour party woes on BrExit then see see my recent extensive analysis that looked at ten major drivers for the UK economy and politics of what to expect to happen next:

And watch the following video of what actually happened on BrExit night that caught virtually ALL by surprise as illustrated by my selection of the highlights from 8 hours of BBC coverage of the EU Referendum result.

Also see the second video on trading markets during brexit night that illustrates how all hell broke lose once the polls closed Thursday 23rd June, triggering a sharp rally in sterling and FTSE futures that was sustained until the actual results started to be announced shortly after midnight triggering a 5 hour market panic.

And ensure you are subscribed to my always free newsletter for more in-depth analysis that attempts to map out what is likely to happen next to Britain and Europe.

By Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2016 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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