Best of the Week
Most Popular
1. 2019 From A Fourth Turning Perspective - James_Quinn
2.Beware the Young Stocks Bear Market! - Zeal_LLC
3.Safe Havens are Surging. What this Means for Stocks 2019 - Troy_Bombardia
4.Most Popular Financial Markets Analysis of 2018 - Trump and BrExit Chaos Dominate - Nadeem_Walayat
5.January 2019 Financial Markets Analysis and Forecasts - Nadeem_Walayat
6.Silver Price Trend Analysis 2019 - Nadeem_Walayat
7.Why 90% of Traders Lose - Nadeem_Walayat
8.What to do With Your Money in a Stocks Bear Market - Stephen_McBride
9.Stock Market What to Expect in the First 3~5 Months of 2019 - Chris_Vermeulen
10.China, Global Economy has Tipped over: The Surging Dollar and the Rallying Yen - FXCOT
Last 7 days
Iran's Death Spiral -- 40 Years And Counting - 17 Feb 19
Venezuela's Opposition Is Playing With Fire - 17 Feb 19
Fed Chairman Deceives; Precious Metals Mine Supply Threatened - 17 Feb 19
After 8 Terrific Weeks for Stocks, What’s Next? - 16th Feb 19
My Favorite Real Estate Strategies: Rent to Live, Buy to Rent - 16th Feb 19
Schumer & Sanders Want One Thing: Your Money - 16th Feb 19
What Could Happen When the Stock Markets Correct Next - 16th Feb 19
Bitcoin Your Best Opportunity Outside of Stocks - 16th Feb 19
Olympus TG-5 Tough Camera Under SEA Water Test - 16th Feb 19
"Mi Amigo" Sheffield Bomber Crash Memorial Site Fly-past on 22nd February 2019 VR360 - 16th Feb 19
Plunging Inventories have Zinc Bulls Ready to Run - 15th Feb 19
Gold Stocks Mega Mergers Are Bad for Shareholders - 15th Feb 19
Retail Sales Crash! It’s 2008 All Over Again for Stock Market and Economy! - 15th Feb 19
Is Gold Market 2019 Like 2016? - 15th Feb 19
Virgin Media's Increasingly Unreliable Broadband Service - 15th Feb 19
2019 Starting to Shine But is it a Long Con for Stock Investors? - 15th Feb 19
Gold is on the Verge of a Bull-run and Here's Why - 15th Feb 19
Will Stock Market 2019 be like 1999? - 14th Feb 19
3 Charts That Scream “Don’t Buy Stocks” - 14th Feb 19
Capitalism Isn’t Bad, It’s Just Broken - 14th Feb 19
How To Find High-Yield Dividend Stocks That Are Safe - 14th Feb 19
Strategy Session - How This Stocks Bear Market Fits in With Markets of the Past - 14th Feb 19
Marijuana Stocks Ready for Another Massive Rally? - 14th Feb 19
Wage Day Advance And Why There is No Shame About It - 14th Feb 19
Will 2019 be the Year of the Big Breakout for Gold? - 13th Feb 19
Earth Overshoot Day Illustrates We are the Lemmings - 13th Feb 19
A Stock Market Rally With No Pullbacks. What’s Next for Stocks - 13th Feb 19
Where Is Gold’s Rally in Response to USD Weakness? - 13th Feb 19
US Tech Stock Sector Setting Up for A Momentum Breakout Move - 12th Feb 19
Key Support Levels for Gold Miners & Gold Juniors - 12th Feb 19
Socialist “Green New Deal” Points the Way to Hyperinflation - 12th Feb 19
Trump’s Quest to Undermine Multilateral Development Banks - 12th Feb 19
Sheffield B17 US Bomber Crash 75th Anniversary Fly-past on 22nd February 2019 Full Details - 12th Feb 19
The 2 Rules For Successful Trading - 12th Feb 19 -
Financial Sector Calls Gold ‘Shiny Poo.’ Are They Worried? - 11th Feb 19
Stocks Bouncing, but Will They Resume the Uptrend? - 11th Feb 19

Market Oracle FREE Newsletter

The Real Secret for Successful Trading

Theresa May Calls Snap BrExit UK General Election Capitalising on Crippled Labour Party

Politics / UK General Election Apr 18, 2017 - 01:56 PM GMT

By: Nadeem_Walayat

Politics

Theresa May surprises everyone by calling a BrExit snap UK General Election on 8th June 2017. And this really is a surprise to all because previously she has repeatedly stated that she would not be calling an early general election. Instead in a statement today she made clear that her slender majority in the House of Commons was not large enough to secure a strong BrExit outcome for the United Kingdom.


"I have just chaired a meeting of the Cabinet, where we agreed that the Government should call a general election, to be held on June 8.

"Last summer, after the country voted to leave the European Union, Britain needed certainty, stability and strong leadership, and since I became Prime Minister the Government has delivered precisely that.

"Britain is leaving the European Union and there can be no turning back. And as we look to the future, the Government has the right plan for negotiating our new relationship with Europe.

"At this moment of enormous national significance there should be unity here in Westminster, but instead there is division.

"The country is coming together, but Westminster is not.

"In recent weeks Labour has threatened to vote against the deal we reach with the European Union.

"The Liberal Democrats have said they want to grind the business of government to a standstill.

"The Scottish National Party say they will vote against the legislation that formally repeals Britain's membership of the European Union.

"And unelected members of the House of Lords have vowed to fight us every step of the way.

"Our opponents believe that because the Government's majority is so small, our resolve will weaken and that they can force us to change course.

"They are wrong.

"They under-estimate our determination to get the job done and I am not prepared to let them endanger the security of millions of working people across the country.

"It was with reluctance that I decided the country needs this election, but it is with strong conviction that I say it is necessary to secure the strong and stable leadership the country needs to see us through Brexit and beyond.

"So, tomorrow, let the House of Commons vote for an election, let everybody put forward their proposals for Brexit and their programmes for Government, and let us remove the risk of uncertainty and instability and continue to give the country the strong and stable leadership it demands."

Clearly Theresa May has calculated that this is the most opportune moment to take advantage from a crippled Labour Party that is still immersed within its own civil war and has lost over 40 MP's to the SNP in Scotland. Then there is the UKIP who are literally imploding, without purpose following the the Triggering of Article 50. All of which is manifesting in an landslide generating poll lead of 20% over Labour

The blueprint for this election appears to be that of Margaret Thatchers Falklands War election that also had a Labour party that was crippled with an unelectable leader that went on to won Margaret Thatcher a huge majority.

So at this very early stage, probability strongly favours a Conservative strong election victory on June 8th, where over the coming weeks I will attempt to determine how large a majority Theresa May will be returned to office with so as to best implement BrExit.

Personally just when I thought I could get back to analysis of the financial markets , up pops a snap UK general election! The past year has been politics, politics, and now even MORE politics! I am sure like most people I am getting really sick of politics! Which is the only fly in the ointment that the people of Britain are sick to death of elections as 1/3rd of England goes to vote in the May local elections and then again a few weeks later in an general election.

The Brexit War

My following in-depth analysis and accompanying forthcoming series of videos seek to explain what Britain needs to do to win the BrExit War that the UK is engaged in with the European Union.

Ensure you are subscribed to my always free newsletter for my latest analysis and to our youtube channel for videos in the BrExit War series.

By Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2017 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

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules