Posted Jun 16, 2017 by Martin Armstrong
We have prepared a very important special report on Britain in the wake of the British election. This special report covers the forecast for the British pound (otherwise known as cable or sterling) against the dollar, euro, and the Japanese yen. Additionally, this covers the long gilts and the share market. We have also addressed the rising tensions once again in Northern Ireland that may reignite violence.
Moreover, we address how all three forecasts said that the Conservatives and Labour would gain in the election. Yet, the Conservative would get more votes than Labour, but somehow the forecast that the pound would still move lower seemed to be at odds with a conservative government and BREXIT. It looks like the computer was correct anyhow, and a hung Parliament made all three forecasts correct.
This is an important report for it casts a shadow over Brussels as well.