Labour got a landslide, but did not win the UK election – the Tories lost it. The result is not what it appears to be…. The real winner was Reform, and that could have massive future consequences for Markets and the UK economy.

The UK election will contain few surprises but leaves the new government massive problems to solve. Biden’s inevitable withdrawal from the US Presidential race adds new uncertainty to the political mix – and may obscure some the critical economic issues.

The UK election is the most important in decades, but the debate on policy and the future is trapped in the minutiae of the financial orthodoxy of costed and funded policy tweaks. The malign ghost of Liz Truss and the Trusterf*ck haunts markets like a bad smell. It must be exorcised!

Lies, damn lies, and politics…

The weekend weather and more rain on the way may be a precursor to real economic consequences approaching. The sustained rise in mean adjusted P/E ratios is likely a factor of distortion – will the market notice? And the UK election. Yawn... What will Rishi say next?

The UK’s snap General Election will be one of the most significant on record. At stake is restoring the UK's reputation for political competency. It will be required to address the massive challenge on the economic horizon: the threat of galloping wage demands and stagflation while trying to repair Broken Britain.

As the Dow pokes 40K, markets remain exuberantly frothy! Labour produces a list of 6 priorities designed to reassure voters they aren’t rampaging social-communist revolutionaries intent on overturning everything, (Keir Starmer? really?) demonstrating instead their intent to be better Tories than the Tories. Disappointing. They missed the critical issue, Housing, from their list.

The UK’s general election will be the most critical moment in UK politics in decades. The key point will be for prospective new Chancellor Rachel Reeves to persuade global markets the UK is investible. She needs to be absolutely clear on her plans and engagement.

Labour will win the coming election – if they don’t do anything stupid. Tory MP’s futures look bleak after their singularly unsuccessful 14 years in power. Such is politics: voters send failed politicians packing. It’s called democracy. Understanding why the Tories will lose is key to the effect on the UK's outlook.

There is a crisis brewing – things are likely to get worse before they get better on the back of Political Dither, a Reverse Big Bang in the City of London, and the Escalation of the Middle East crisis threatens higher energy costs and inflation!