The FTSE

  • Thread starter Thread starter worsleyweb
  • Start date Start date
ganganvince said:
It's 11.8%
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And over 6 weeks, with the causes well understood and related to inflation in the post Covid world as well as the impact of the Russian invasion of Ukraine.

This collapse of markets in the last week are for one reason only, and a reason that was entirely avoidable.

For the avoidance of doubt and for anyone who still doesn’t get it, the reason is the hubris and narcissism of one deranged man.
 
Mr Grumpy said:
Good comment.

Personally, it could mean a boom for me.
If the US starts building capital projects at pace in the US, then my industry will be on a winner.

Kinda on the same point here about my thoughts on the markets. Change is where the profits and fun is.
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There is a whole lot of pain to go through before it even starts to happen even if it does? Is it worth the risk?

You protect your market and stifle innovation and productivity. Also the US don't invest in their industries like south east Asia countries do, the profits go into shareholders and pension funds. That is according to eminent economists not little old me. Then throw into the equation that politicians are fickle and can and will get unseated from power and it has to be a very long shot that this gamble pays off.

Anyway, respect to you for taking an unpopular stance on here, it isn't easy to stick your head above the parapet.
 
Churchlawtonblue said:
There is a whole lot of pain to go through before it even starts to happen even if it does? Is it worth the risk?

You protect your market and stifle innovation and productivity. Also the US don't invest in their industries like south east Asia countries do, the profits go into shareholders and pension funds. That is according to eminent economists not little old me. Then throw into the equation that politicians are fickle and can and will get unseated from power and it has to be a very long shot that this gamble pays off.

Anyway, respect to you for taking an unpopular stance on here, it isn't easy to stick your head above the parapet.
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Thanks for the last comment.

I did a bit of research at the weekend on the issue of tarrifs.
It is not black and white (Warren Buffet is thrilled!).

Also, one has to be realistic. The Trump administration or any administration isn't doing things because they want to make things worse. Yes, sometimes shit goes badly wrong but there is usually a solid rationale behind key rules and policies. I am cynical enough to think that generally, politicians don't get much say in the really important stuff. It's the mandarins in the back room who really pull the strings and if something was really off, those strings wouldn't get pulled.
There is a team of highly paid professionals behind these tarrifs who must think its adventagous for the US. It is difficult though for some to look past the immediate politics of the front man and it is not like every other chump in the hot seat hasn't promised tarrifs themselves.

I like to look at these things on a longer basis. How many of the "Controversial" decisions taken by politicians actually get reversed when the othe crew get elected? Very few in reality because most of the time, it is the facts that dictate the reponses, not the politics.

Of course, this could all be a huge lump of politics and gamesmanship by the US to get more favourable trading conditions for itself. One thing that did pop up in my research is the US debt burden. It seems that only by doing what it is doing can it begin to lessen that.

What is that old saying? Follow the money!

Hmm.
 
west didsblue said:
And over 6 weeks, with the causes well understood and related to inflation in the post Covid world as well as the impact of the Russian invasion of Ukraine.

This collapse of markets in the last week are for one reason only, and a reason that was entirely avoidable.

For the avoidance of doubt and for anyone who still doesn’t get it, the reason is the hubris and narcissism of one deranged man.
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We knock our political system at least no one person could do this here
 
Mr Grumpy said:
Thanks for the last comment.

I did a bit of research at the weekend on the issue of tarrifs.
It is not black and white (Warren Buffet is thrilled!).
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Not sure where you got the idea that Warren Buffett is thrilled . It sounded so unlikely that I googled it and everything seems to suggest he thinks they are stupid.
 
Churchlawtonblue said:
Just debate mate, like most on here I have vested interest in this, as my pension is currently in freefall. I can't see it myself, but happy to listen to alternative views.
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Oddly enough, i don't worry much about what my pension(s) will be tbh.
They will rise and fall with the winds and generally, i haven't much say on it.
I would hope the goverments of the world have a broader and longer term viewpoint than the few miserable years i will have left after i retire lol.
 
Cityfan said:
Not sure where you got the idea that Warren Buffett is thrilled . It sounded so unlikely that I googled it and everything seems to suggest he thinks they are stupid.
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He's apparently said both and nothing at all.
We shall see in May.
 
Mr Grumpy said:
Oddly enough, i don't worry much about what my pension(s) will be tbh.
They will rise and fall with the winds and generally, i haven't much say on it.
I would hope the goverments of the world have a broader and longer term viewpoint than the few miserable years i will have left after i retire lol.
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Well it depends on what you are counting on doesn't it?
 
Cityfan said:
Not sure where you got the idea that Warren Buffett is thrilled . It sounded so unlikely that I googled it and everything seems to suggest he thinks they are stupid.
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He was reported as saying they were the best economic move in 50 years, however he subsequently denied that he ever said that. It was another pathetic lie made up by a Trumper.
 
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