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Thursday, May 7, 2015

Election 2015: has fallout Friday arrived early? Certainly not

Markets hate uncertainty but they are falling because share prices may be too high and the cost of oil is rising plus there is the small matter of GreeceHas “fallout Friday” come early? As the queues form outside polling stations up and down the country, share prices have already fallen sharply, with the FTSE 100 down more than 100 points, and sterling lower against the dollar and the euro. Are traders already getting cold feet about the idea of a prolonged period of post-election uncertainty? Related: Stock markets slide as bond sell-off deepens - live updates Continue reading...


READ THE ORIGINAL POST AT www.theguardian.com