The tory leadership contest is converging towards the ultimate grudge match that of Boris Johnson who should have won the 2016 leadership campaign against Michael Gove who should have backed Boris Johnson in 2016 but instead chose to stab him in the back by standing himself a few hours before Boris announced his candidature, instead of heading Boris's campaign for tory leader in 2016.

We'll 3 years on Boris has learned his lessons and thus had deployed a slick campaign to convince MP's and Tory party members to back him as their next leader and thus British Prime Minister as the first round of voting illustrates:

Boris Johnson 114
Jeremy Hunt 43
Michael Gove 37
Dominic Raab 27
Sajid Javid 23
Matt Hancock 20
Rory Steward 19
Andrea Leadsom 11
Mark Harper 10
Esther McVey 9

Boris Johnson surprised all by placing himself way ahead of the rest, virtually guaranteeing himself a place in the final 2 with the only question mark being who will be 2nd, will it be back stabber Michael Gove or Remainer Jeremy Hunt, or will outsider Dominick Raab make it into the final 2. Where despite the bookies odds clearly favouring Jeremy Hunt. However, I don't think the Tory party will vote for May 2.0, not after the chaos of the past 3 years! So we are likely heading for the mother of all grudge match's of between Boris Johnson vs Michael Gove.

The only thing that can derail Boris Johnson's ride into No 10 is Boris himself, as long has he does not let his mouth run then he remains on target to win the Tory leadership contest as the man best able to see of the existential threat that Farage's Brexit party poses to the Tories. Which has been my stated forecast since December 2018 as I iterated in my recent Tory leadership contest Betfair betting markets analysis video.

Betting on Boris Johnson to Win the Tory Leadership - Betfair Market Analysis

The Betfair latest market prices has Boris Johnson trading on just 1.25! And remember you got your first chance to buy Boris at 5.2 as per my December 12th analysis. Next Tory Leader Betting Market Analysis and Forecasts

And most recently 1.84 just a week ago! Next British Prime Minister Tory Leadership Betfair Betting Markets

So for first Access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat.

So will see if Gove can worm his way into the no 2 slot over the coming week when the two final candidates will go head to head in a ballot for 150,000 Tory party members.

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Nadeem Walayat

http://www.marketoracle.co.uk

Nadeem Walayat has over 30 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.

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.

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