Consensus Thinking, Defined

"The pound rose on expectations that the prime minister would win a much increased Commons majority, allowing her to sideline implacable Eurosceptics in her Conservative party and ensure a phased Brexit concluding with a UK-EU free-trade deal."

--FT, April 18, 2017

"The pound is down sharply as traders react to the early election results. The currency market had been expecting a clear victory for Theresa May's party, but the results so far, and the exit poll, have cast doubt on a Conservative majority."

--BBC, June 9, 2017

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