What’s the outlook on the Bond market? I was checking out the exchange rate the other day and I noticed that Sterling was the strongest that it had been since the Brexit vote.
This is more @Arminius’ territory as I don’t know where to obtain bond yields/prices.
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Look at the wider context. There was a reform surge, in which a huge number of voters decided that the problem with the last 14 years had been that the Tories hadn’t been extreme enough. You can’t help these people, and I’m not sure what electoral offer Labour can put together to appeal to people who are basically in a cult at this point.
On the more left wing axis the Lib Dems surged to about 80 seats and that doesn’t happen unless voters are working strategically to get rid of the Tories. The big takeaway from the election was the rise of tactical voting. A lot of people switched their vote from Labour to the Lib Dems to get rid of the Tories.
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Where did the 3.5 million votes lost by the right wing parties go then?
2024 Tory + Reform - 11,006,535
2019 Tory + Brexit - 14,610,711
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I wasn’t including you.
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I know you appreciate my redeeming qualities because you wrote it in an email. Here it is:
Dear Craig,
I hope you’re well.
Thank you for all your wonderful posts and stuff.
By the way, I really appreciate your redeeming qualities.
All the best,
Cynnie
(aka Cynical Old Git)
ps this is a genuine email what I wrote.
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@cynicaloldgit
Did you get Donald Trump to write that E-mail?
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Cynnie wrote it for real.
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Not sure. I havent seen anything mentioned so would assume that it would be favourable if the OBR agree on the governments figures as the market is up today. If they don’t, perhaps that is already priced in or the government have other plans to fall back on?
Could be that all the US and German news is taking all the attention.
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I think a lot of them went back to Labour (in 2019 the Tories got in by destroying the red wall).
I suspect a lot of them didn’t vote at all. The overall vote share was very low.
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Wasn’t it simply the Brexit Part taking those votes?
And yet Starmer keeps pandering to those on the right instead of trying to find a genuinely inspiring and uniting message…
Gilt market didn’t like something that happened around 1715 Greenwich. Wonder what that could be?
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Jacobite uprising?
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No. I think the impact of the Brexit Party was quite minor, especially as they stood down their MPs and told their supporters to vote Tory just before the election.
In 2019 a huge number of red wall Labour voters defected to the Tories because Boris Johnson lied to them about how he was going to make Brexit work.
I think a genuinely inspiring and uniting message is easier said than done, with the state the country is in.
While most people say they want a genuine change, the narrative is still controlled by about eight billionaires, meaning people still consistently vote against their interests when a genuine alternative is presented. Which means that to get in power, left wing parties have to be very careful about not going too radical.
It’s fucking shit, but it’s where we are.
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Arh right so now their in power with a majority, they cant actually do fuck all because of about 8 billionaires ?
What a cop out, Starmer is nothing but a Blair crony , who doesn’t actually give a fuck about anything other than trying to appear to be a worlds stateman. Saw something the other week that he has travelled more around the world than the previous 3 pms.
And we havent even seen the cuts to benefits come through yet…but if the tories were thinking of that, we’d never here the end of it.
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I take it you missed most of the discussions where we were talking about the earlier rounds of cuts?
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No. They can’t do anything because there is no fucking money.
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I’m not convinced that following the Jim Ratcliffe model of raising cash is that effective?
Still we’ll if the changes they have made bear any fruit. I’m not convinced they will be sufficient.
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So while they have a huge majority they could go and get money from the super rich, rather than the easy/Tory option of cutting welfare.
i.e. act like the fucking Labour Party
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