With the approach of Thursday's elections, the UK100 correction is on the table. On the graph we can see how the price of the British benchmark has developed under the different government in the country. In red are depicted the Labor management periods, and the blue of the Conservatives.
At the time of the management of Margaret Thatcher, 1985-1989, the market has reached a yield of 115% over the entire period. During John Major, from 1990 to 1997, the market climbed 108%. Under the management of Tony Blair from 1997 to 2007, the market declined, with a 47% growth at the end of the period, but Blair's correction, however, is serious at 50%. Immediately after Blair's rule, Gordon Brown is in power, and the market is down by a further 50% decline, and at the end of his mandate the figures show -18 per cent. During Cameron, the FTSE100 has grown by 25%, and as Theresa May is in power, the market picked up 13%.
History shows that if May won the election, it is very likely that we will observe a strong upward momentum and growth in the market during its management.
Source: Bloomberg Pro Terminal
Jr Trader Petar Milanov
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