British Pound crashing because Labour candidate now favored in next week's elections? And...is this the beginning of change?

Is that what this rout is all about?

British pound is down nearly 300 basis points from the highs this morning. Why? Because Labour Party candidate, Ed Miliband, is now favored to replace David Cameron in next week's elections?

Really?

As if Cameron has been good for the pound? As if growth has been anything but terrible under his leadership?

Dare I say it, but are we starting to (finally) witness the winds of change? Bernie Sanders. Hillary (jury still out on her). Bill De Blasio NYC, Miliband. Heck, I'll even thow in Tsipras and Syriza despite all their blunders.

Progressives...anti-austerians...pro-growth...

Plus...

Spreading outrage against police brutality. Even homicide charges brought against the cop in South Carolina who killed Michael Slager and now against the six cops in this new, Freddie Grey murder.

(Not like the fucking pathetic Staten Island Grand Jury morons and corrupt prosecutor in the Eric Garner case.)

And even this, I just learned...a bipartisan bill in both the House and Senate that seeks to roll back meta data collection by the NSA. BIPARTISAN!!!

Dare I say it? Are things starting to change?

P.S. I'd be buying the pound and I am.

My podcast for Dec 29.

My podcast for today.

Forex trading. Police insubordination. The weakness of liberals and progressives. Obama's love of neoliberalism.


Podcast for Dec 29.