After rising to power in the Tea Party dominated Republican Party, it could have been a violation of a core Tea Party construct that ended the career of Rep. Eric Cantor (R-VA), who lost last night in a primary to conservative economics professor Dave Brat. Eric Cantor’s double digit lead turned into a stunning 9 percentage point loss Polling had showed Eric Cantor with a double digit lead in the conservative and reliably Republican district north and west of Richmond. That lead evaporated and transformed into a stunning 9 percentage point loss for the second ranking House Republican last night….
Is Eric Cantor Loss Tied To Violation of Core Tea Party Values?
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.