Britain’s new prime minister quit yesterday after a series of financial missteps and internal political strife over the last six weeks since taking over from former prime minister Boris Johnson. WRCR market analyst Ken Mahoney of Mahoney Asset Management in Chestnut Ridge says it remains to be seen how this might affect U-S markets…
The country’s Conservative Party expected to choose a new leader by October 28th. Candidates at the top of the list include Britain’s former finance minister Rishi Sunak, Leader of the House of Commons Penny Mordaunt, British defense secretary Ben Wallace, and Boris Johnson, who served for three years, could also make a return to office.