Most Popular
1. Dow Max Drawdown Bear Stock Market 2022 - Accumulating Deviations from the Highs - 21st Feb 22
2.Putin Starts WW3 in Ukraine, Will Use Tactical Nuclear Weapons, China Prepares Taiwan Blitzkrieg - 28th Feb 22
3.World War 3 Phase 1 - Putin WINS Ukraine War! - 25th Feb 22
4.INVESTORS SEDUCED by CNBC and the STOCK CHARTS COMPLETELY MISS the BIG PICTURE! - 10th Feb 22
5.Will There Be A 2024 US Presidential Election? - 3rd Mar 22
6.Gold and SIlver, Precious Metals Sector Is at a Terrific Buy Spot - 6th Feb 22
7.Why Putin Wants the WHOLE of Ukraine - World War 3 Untended Consequences - 6th Feb 22
8.Dow Stock Market Expected Max Drawdown 2022 - 19th Feb 22
9.Stock Market Calm In the Eye of the Inflation Storm - 4th Mar 22
10.M = F - Everything is Waving! Stock Market Forward Guidance - 7th Mar 22
Last 7 days
Why Ray Dalio is WRONG About China - Principles for Dealing with the Changing World Order - 24th May 22
Globalists Convene to Plan Central Bank Digital Currencies - 24th May 22
After Recent Highs, What’s Next for the Gold Junior Miners? - 24th May 22
Why APPLE Could CRASH the Stock Market! - 21st May 22
Why Is Crude Oil Ignoring US Inventories? - 21st May 22
Here is Why I’m Still Bullish on Gold Mining Stocks - 21st May 22
THE INFLATION MEGA-TREND QE4EVER! - 20th May 22
US Real Estate Investors – Is There An End In Sight? - 20th May 22
How Technology Affected the Gaming Industry - 20th May 22
How To Set And Achieve Reasonable Goals For Your Company - 20th May 22
How Low Could the Amazon (AMZN) Stock Price Fall? - 19th May 22
Bitten by FANG? Clocked by Cryptos? -- 'Air Pockets' Everywhere - 19th May 22
Northern General Hospital Orthopedics Fractures and and Ankle Clinic Consultations Real Patient Experience - 19th May 22
Cathie Wood Goes All in on Teladoc, ARKK INSANE Noob Investing Strategy! - 17th May 22
This is Anything but Positive for US Housing Market - 17th May 22
What Should We Do If There Is No Fed Monetary Policy Pivot? - 17th May 22
All Possible Ways to Earn Free Litecoin - 17th May 22
How low Could the Amazon Stock Price Fall? - 16th May 22
Cathy Wood ARKK INSANITY There is NO Coming Back! - 16th May 22
NASDAQ 100 Stock Market LOWER LOWS & LOWER HIGH - 16th May 22
Sanctions, trade wars worsen US inflation - 16th May 22
AI Tech Stocks Earnings BloodBath Buying Opportunity - 14th May 22
Futures Contract – Trading Crude Oil With USO - 14th May 22
How to Get Kaspersky Internet Security for 80% Discount! Do not Pay Renewal Price! - 14th May 22
Sagittarius A* Super Massive Black Hole Monster at Centre of Our Galaxy REVEALED! - 14th May 22
UK Public Debt Smoking Inflation Gun - 13th May 22
What Happens When the Stock Market Dip Keeps Dipping? - 13th May 22
Biden Seeks Inflation Scapegoats; Gold Advocate Wins GOP Primary - 13th May 22
Apple and Microsoft Nuts Are About to CRACK and Send Stock Market Sharply Lower - 12th May 22
The War on Gold Ensures the Dollar’s Downfall - 12th May 22

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

How Many Seats Will Brexit Party Win - EU Parliament Elections Forecast 2019

ElectionOracle / BrExit May 16, 2019 - 06:25 PM GMT

By: Nadeem_Walayat

ElectionOracle

Britain's walking dead Labour and Conservative zombie political parties are about to reap the whirlwind for not just failing to deliver on the 2016 EU referendum result of LEAVING the EU on the 29th of March 2019. But having effectively ignored near half the electorate for the past 2 decades, who have increasingly became disengaged from the 2 parties, who in reality have become largely the SAME party!

The first shock to the system was the UKIP victory in the 2014 European Elections by winning 24 seats, and then came LEAVE winning the 2016 EU Referendum. And so voters on the 23rd of May look set to deliver the next BREXIT SHOCK to the political establishment, where most MP's have long since sold out the British people to the bankers and billionaires who effectively run the show the most notable consequence of which was ConLab BAILING OUT the BANKING CRIME SYNDICATE in 2008-2019, the price for which has been borne by ordinary British people resulting in a decade of stagnating earnings for most workers.


So in steps election master Nigel Farage who single handedly delivered the 2016 EU referendum victory! Yes, it was Nigel with a little help from his friends.

If you have any doubts of that then you only need to see what has happened to UKIP since Nigel left, which with its inept leader Batten went running into the arms of right wing nut jobs such as Tommy "Fake Name" Robinson, and Katie "Obsessed with Muslims" Hopkins, and so that which I warned would happen HAS happened, which is that UKIP effectively died in the local elections!

29 Mar 2019 - UK INDEPENDENCE DAY CANCELLED! As Westminster SUBVERTS BREXIT!

The fundamental error that UKIP and similar right wing Brexit campaign groups are making is that by embracing the likes of Tommy Robinson they now solely appeal to die hard right wing Brexiteers, who are just a small minority of those who voted LEAVE. Instead elections are WON at the MARGINS and where the EU referendum is concerned, given its binary choice had a huge margin of 4 million voters, likely none of whom are far right so UKIP and Tommy Robinson have effectively now KILLED the chances of LEAVE winning a Second EU Referendum.

Meanwhile Katie Hopkins recent tweets imply she is desperately trying to worm her way into the BrExit party after partaking in the demise of UKIP.

08 May 2019 - Will Katie Hopkins Stand for BrExit Party in Elections After Helping Destroy UKIP?

The local election results are crystal clear, where UKIP instead of winning 200+ seats actually lost 150 to end the night with just 31 seats! Suffering an even bigger wipeout than the Tories!

Whilst the winners of the election night, the Lib-Dems took their huge success (+700) as an endorsement of their policies without understanding that many voters only voted Lib Dem because the BrExit party did not stand in the local elections, hence a protest vote for the Lib Dems, since when the Lib-Dems have been in state of delirium, expecting to replicate their local election success in the EU election.

The disengaged voters of Britain, (approx half the electorate) are going to deliver another SHOCK to the political elite via Nigel Farage's BrExit party on the 23rd of May, of which there is little doubt!

How Many Seats Will the BrExit Party Win?

My forecast as of the 10th of May is that the BrExit Party could win between 30 to 36 seats, with UKIP winning just 1 or 2 seats, down from 24 as the price paid for embracing the likes of Tommy Robinson.

BrExit Party MEP Seats Forecast in European Elections 23rd May 2019

However, the polls (for what they are worth) have further shifted in the BrExit party's favour, which should translate into several more seats.

1. The starting point for how many seats the BrExit party could win is the performance of UKIP under Nigel Farage that won 24 MEP seats in 2014. That is the minimum that the Brexit Party will win of the 73 seats up for grabs.

2. The 2016 EU referendum resulted in a 52 to 48 split in the vote which would translate into the Brexit Party winning 38 seats which is therefore the maximum.

3. Even though UKIP's vote has collapsed to little more than 4%, still that is 4% that would have won the Brexit Party party maybe 3 or 4 seats. So whilst UKIP may win a seat or 2, they in effect cost the BrExit party 3 or 4 seats, which therefore brings the maximum number of seats down to 35.

4. The Liberal Democrats have successfully fashioned themselves as the party of REMAIN and thus will likely win REMAIN votes from the Tories and Labour.

5. Betting markets

It should not come as much surprise that the BrExit party is the odds on favourite to win the most seats. However, the betting markets do confirm that the Tories are going to get wiped out, with even the Liberal Democrats beating them into fourth place, with Labour 2nd.

What are the Odds for Brexit party to beat the last EU election UKIP 24 seats tally?

Well there may be an opportunity here because Betfair is still giving odds of 1.41 for the Brexit party to get 24 or more seats! Now compare this against my minimum expectations for 30 seats, so it looks like the betting markets are getting Brexit wrong again, albeit nowhere near to the same degree as in 2016, but it could be worth a gamble.

Therefore my forecast for the EU Parliamentary Elections 2019 remains UNCHANGED in that I expect the Brexit Party to win between a minimum of 30 seats and a maximum of 36 with the most probable number of seats that the Brexit party will win being 32. I expect Labour to come 2nd, Lib Dems 3rd and Tories 4th, with UKIP maybe picking up 1 or 2 seats. In fact it is entirely possible that the Brexit Party could win more seats than Labour, Lib Dems and Conservatives COMBINED!

This analysis was first made available to Patrons who support my work. So for immediate 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.

May Analysis Schedule :

  • Stock Market Trend Forecast Update
  • Machine Intelligence Investing stocks sub sector analysis
  • UK Housing market ongoing analysis.
  • Gold / SIlver trend forecast update.
  • China Stock Market SSEC

April Analysis:

Your analyst, watching events through the prism of a multi-decade US - China WAR!

Stock Market US China Trade War Panic

And ensure you are subscribed to my FREE Newsletter to get this analysis in your email in box (only requirement is an email address).

Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2019 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

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.

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