Brexit Vote Should be Lesson on US Elections

On paper, the differences between the U.S. presidential election and the U.K.’s vote to leave European Union couldn’t be more pronounced. However, analysts warn that the two events have many of the same parallels and pitfalls.

Back in June, the U.K. shocked the world (and itself) by voting by 52 percent to 48 percent to leave the EU, contradicting most opinion polls and pundits who had largely predicted a last-minute yet comfortable win for the “remain” camp.

The result was such a surprise that even those who voted to leave the 28-country economic and political bloc expressed their shock at the result. Some even expressed remorse, saying that their vote had only intended to be a “protest” against the EU, rather than a desire to see the U.K. throw away decades of intricate, complex and largely cordial relations with its continental neighbours.

via CNBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza