- Snap elections have backfired on Theresa May.
- The generational divide in Britain is widening, causing uncertainty.
- The Pound is set to go much lower in the coming weeks.
It looks like Theresa May will survive to mismanage Brexit another day. She announced early Friday a plan to form a coalition with the Irish Democratic Unionist Party (DUP). The queen gave her that permission.
The DUP did very well yesterday, well enough to give the Tories a two-seat majority in the House of Commons at 328. But, yesterday’s results were a real mixed result for May who misread the growing divide between young and old in the U.K.