- the source for market opinions


October 20, 2018 | Adding to Merkel’s Woes: SPD’s Collapse in Germany, Greens the New Left Darlings

Mike 'Mish' Shedlock

Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.
Support for Merkel’s coalition partner SPD is in a state of collapse. And it’s not just a single poll.

Greens the Big Beneficiary in SPD Collapse

Support for Merkel’s coalition partner SPD is in a state of collapse. Four consecutive polls have SPD at 14%. The Green party is at 21% in the latest poll and averages 20% in the last three polls.

Clear National Trends

Hesse State Election October 28

In the last two Hesse State Polls, the Green party is averaging 21%, SPD 20.5%, and CDU 26%.

There are currently 110 seats in the Hesse Parliament.

That number can change and indeed is likely to go higher as Linke, FDP, and AfD will all gain seats based on a 5% threshold.

Current Parliament

  • CDU: 47 Seats
  • SPD: 37 Seats
  • Greens: 13 Seats

The Next Hessian Parliament will look a lot different.

Impossible Tightrope

This splintering will do Merkel no good. The greens are pro-immigration but CSU, AfD, andf FDP are not,

This is an impossible tightrope for Merkel.

Mike :Mish” Shedlock

STAY INFORMED! Receive our Weekly Recap of thought provoking articles, podcasts, and radio delivered to your inbox for FREE! Sign up here for the Weekly Recap.

October 20th, 2018

Posted In: Mish Talk

Post a Comment:

Your email address will not be published.

All Comments are moderated before appearing on the site


This site uses Akismet to reduce spam. Learn how your comment data is processed.