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Re: Budgets, surpluses, deficits
Quote:
Originally Posted by Hugh
From the first article, it would seem he has reached an outcome, and looks for information to back that up... Another possible conclusion is the bond market may have dropped if Labour won.....
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Markets usually factor in uncertainty as early as possible (then you can profit selling early while everyone else scrambles on election day). Meaning it would have been considering both possibilities before the election and then shifting to knowing the result for certain. So either they were confident they knew the tories were going to win or it made no particular difference who won.
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