Over the past week, thiscolumn has had twosuccesses and one failure. The victory of theSocial Democrats in the Swedish elections meant that both my tip to lay the Sweden Democrats, and my suggestion that you should bet on the Social Democrats to get most seats, paid off. It also briefly looked like my tipon Donald Trump visiting Ireland during his first term was also going to win. However, while it hasn't been definitively cancelled, itnow seems likely to bepostponed.
Turning back to America, one interesting midterm race is the senatorial contest in West Virginia. Over thepast two decades West Virginia has moved from being Democratic-leaning to strongly Republican, thanks inpart to perceptions that the GOP is more sympathetic to the coal industry. Donald Trump romped home in 2016, winning nearly 70% of the vote and sweeping every county. However, in 2010 former governor Joe Manchin managed to get elected as senator, in an otherwise dismal year for the Democrats.
Six years on from thatupset victory, many people speculated that Manchin would have atough fight on his hands if he wanted to get re-elected. But his combination of populist economics and social conservatism has resonated enough for him to enjoy a comfortable lead against the Republican challenger, Patrick Morrisey. I think that Manchin is likely to hang on, so you should take Paddy Power's 8/13 (61.9%), on a Democratic victory in November.
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UK inflation slowed again in March – but a rate cut could be some months awayThe latest Consumer Price Index (CPI) data came in at 3.2% for March. This was slightly higher than some economists expected, but takes us closer to the Bank of England’s 2% inflation target.
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Pension vs property: which option provides the best income for your retirement?News With the cost of a comfortable retirement on the rise, future retirees need to weigh up which strategy offers the best returns. But is a pension a better bet than property?
