Rowan Dartington's Stephens: The day after the General Election

What goes up beyond expectations

The outcome of the UK election is currently looking very different to that envisaged at outset. I would imagine Theresa May is also feeling decidedly uneasy and hats off to Jeremy Corbyn for stepping up to the plate.

At last - putting political views to one side - there is a robust opposition, which has to be good for democracy. It really does now feel like the vote will be close even if logic would say it will not be. After Brexit, however, the polls are to be viewed with a high degree of scepticism. This is perhaps why the markets are nervous. I have learnt over the years to park political views when investing clients' money - not only for professional reasons but also because the City often treats politicians as transient and usually an irritant muddying the waters. This view appears to have now s...