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Financial traders ponder the fallout of a 'dead heat' election

From theguardian.com

City investors are bracing themselves for a tumultuous week in the financial markets as they ponder the risk of a “dead heat” election, followed by weeks of political horse trading. Equity and currency markets have so far remained largely unruffled by the prospect of a change of personnel in Downing Street, with the FTSE 100 hitting a record high last Monday. But the City’s highly paid analysts have been poring over the potential implications of different coalitions – and the threat of no clear winner emerging. “The worst outcome would be a dead heat,” said Dhaval Joshi, of investment analysts BCA. “Are you going to ... (full story)

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