The Financial Outlook for Personal Investors: Market reaction to mid-term Prime Ministers

For once, Russ Mould of A J Bell talks politics. With the prospect in the offing of the 8th mid-term Prime Minister since 1962, how much attention do markets pay to such things? Rather less than you might think, concludes Russ after crunching the numbers. Although the results vary, by and large the equity market doesn't seem to be particularly threatened, while gilt market yields on every occasion have gone down, though with a wide range of outcomes. Perhaps this is not surprising. Whatever their policies, the occupant of Number 10 is more likely to shape the P in P/E ratios than the E. Learn more about your ad choices. Visit podcastchoices.com/adchoices