{"id":337522,"date":"2017-12-02T04:33:36","date_gmt":"2017-12-02T03:33:36","guid":{"rendered":"https:\/\/rinf.com\/alt-news\/newswire\/prison-planet-com-youre-right-im-a-threat-to-big-banks-uk-opposition-leader-jeremy-corbyn-lashes-out-at-morgan-stanley\/"},"modified":"2017-12-02T04:33:36","modified_gmt":"2017-12-02T03:33:36","slug":"prison-planet-com-youre-right-im-a-threat-to-big-banks-uk-opposition-leader-jeremy-corbyn-lashes-out-at-morgan-stanley","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/newswire\/prison-planet-com-youre-right-im-a-threat-to-big-banks-uk-opposition-leader-jeremy-corbyn-lashes-out-at-morgan-stanley\/","title":{"rendered":"Prison Planet.com \u00bb \u201cYou\u2019re Right, I\u2019m A Threat To Big Banks\u201d \u2013 UK Opposition Leader, Jeremy Corbyn, Lashes Out At Morgan Stanley"},"content":{"rendered":"<div>\n<p>      <!-- START CONTENT --><\/p>\n<p><a href=\"http:\/\/www.zerohedge.com\/news\/2017-12-01\/youre-right-im-threat-big-banks-uk-opposition-leader-jeremy-corbyn-lashes-out-morgan\"><strong>Zero Hedge<\/strong><\/a><br \/>December 1, 2017<\/p>\n<p><strong>Earlier this week, Morgan Stanley published a report arguing that UK opposition leader, Jeremy Corbyn becoming Prime Minister, was a bigger threat to UK asset markets than Brexit.<\/strong><\/p>\n<p>MS saw a two thirds chance of a snap UK election in the second half of 2018 when UK can\u2019t secure a satisfactory Brexit deal and the ruling Conservative party fractures. This could lead to a sharp swing in political support towards the far left, Corbyn\u2019s ascension, a 32% crash in the Footsie 100 index, another big fall in Sterling, nationalizations and irreparable damage to free markets\u2026basically heaps of bad stuff.\u00a0 <a href=\"https:\/\/www.theguardian.com\/politics\/2017\/nov\/27\/corbyn-becoming-pm-is-worse-threat-to-british-business-than-brexit-says-bank\">The Guardian<\/a> quoted from the MS report.<\/p>\n<blockquote>\n<p>\u201cFrom a UK investor perspective, we believe that the domestic political situation is at least as significant as Brexit, given the fragile state of the current government and the perceived risks of an incoming Labour administration that could potentially embark on a radical change in policy direction. \u201cAgainst this backdrop, even if we see good progress in the Brexit negotiations, the scope for UK sensitive assets to rally may be muted, unless we also see an improvement in the government\u2019s position in opinion polls.\u201d<\/p>\n<\/blockquote>\n<p>MS equity strategist, Graham Secker, handed out a warning for UK investors, which was reported by <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-11-30\/labour-s-corbyn-says-morgan-stanley-is-right-to-fear-his-party\">Bloomberg<\/a>.<\/p>\n<blockquote>\n<p>\u201cIf I am a U.K. equities fund manager, I am more concerned about a potential change in the domestic political government than I am about Brexit,\u201d Secker said at a briefing Monday. \u201cYou need to think about tax rates going up, about nationalization, about an economic system which has favored capital over labor for last 10 to 20 years shifting to favor labor over capital.\u201d<\/p>\n<\/blockquote>\n<p><strong>The MS comments received considerably media coverage and obviously raised the ire of Jeremy Corbyn, <\/strong>who responded in a <a href=\"https:\/\/www.youtube.com\/watch?v=pfYEiDg67AI\">video<\/a>released on social media. Corbyn begins his video message with.<\/p>\n<blockquote>\n<p><u><em><strong>\u201cBankers like Morgan Stanley&#8230;<\/strong><\/em><\/u><\/p>\n<\/blockquote>\n<\/div>\n<p><a href=\"http:\/\/www.prisonplanet.com\/youre-right-im-a-threat-to-big-banks-uk-opposition-leader-jeremy-corbyn-lashes-out-at-morgan-stanley.html\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Zero HedgeDecember 1, 2017 Earlier this week, Morgan Stanley published a report arguing that UK opposition leader, Jeremy Corbyn becoming Prime Minister, was a bigger threat to UK asset markets than Brexit. MS saw a two thirds chance of a snap UK election in the second half of 2018 when UK can\u2019t secure a satisfactory [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-337522","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-newswire"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/337522","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=337522"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/337522\/revisions"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=337522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=337522"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=337522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}