Is Eric Cantor Loss Tied To Violation of Core Tea Party Values?

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Mark Melin
Published on
Updated on

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….

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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.