EU referendum

EU referendum

  • In

    Votes: 503 47.9%

  • Out

    Votes: 547 52.1%
  • Total voters
    1,050
Status
Not open for further replies.
Mike D said:
This Isn't the normal Sun backing the winning the side this goes back much further Murduch has had it in for Europe for over 40 years. http://www.theguardian.com/media/gr...unsurprising-but-it-has-symbolic-significance

In the past the Sun backing something would be like chopping one of the legs of horse in a horse race. What remains to be seen is how much of an influence the Sun still has in this but of course there are other papers to supporting Brexit no more so than the one which employs Boris. Its going to be an interesting one this but I don't suppose it will make much difference to you being an ex pat?
Click to expand...
It does to the short term volatility of my clients investments and pensions. Hence me voting in where as I'd be inclined to vote out for myself.
 
EalingBlue2 said:
Today's end of day headline from the Australian financial review - Brexit fears wipe 30 billion dollars from the ASX .

Are these drops that you have already had from the pound dropping and the market going or is this what awaits you today. It shows you how tiny the saving is though from Brexit that twice the annual saving that everyone is so proud of can be wiped out in one day in a far away market that only trades partially with the EU. If proportionally the same happens in Europe then the spooking will be real loss of wealth to anyone with shares with pension with investments - that may shift a few votes if the market starts to move, until recently the market assumed stability
Click to expand...
Mate come on. You know full well that 30bn can be wiped off and added the following day on the equity markets. Also the total capitalisation of a market has nothing to do with what the exchequer receives.

One could just as easily say that 30bn of equities has been liquidised into cash (with inherent capital gains tax on growth going into the coffers).

Markets are sentiment led and an exit will cause some funds to flee to fixed rate assets like gilts and cash whilst the wait to see what happens.

But you know all this.
 
SWP's back said:
Again the FTSE price has nothing to do with payments into Europe.

You're better than this.
Click to expand...
Go and read the coverage - I am quoting the financial press and today's results not any opinion . FTSE reflects business confidence in main conpanies that's all
 
SWP's back said:
Mate come on. You know full well that 30bn can be wiped off and added the following day on the equity markets. Also the total capitalisation of a market has nothing to do with what the exchequer receives.

One could just as easily say that 30bn of equities has been liquidised into cash (with inherent capital gains tax on growth going into the coffers).

Markets are sentiment led and an exit will cause some funds to flee to fixed rate assets like gilts and cash whilst the wait to see what happens.

But you know all this.
Click to expand...
I am sure some will come back but the reality is if it's spooked because of Brexit which is what the market s saying then that is a reality for those buying and selling those shares
 
6a00d8341d417153ef017d3d22c341970c-800wi
 
Blue Til Death said:
Anything and everything negative will be blamed on Brexit fears, the reality is that the markets fluctuate for a myriad of reasons, none being our potential exit from the EU...!
Click to expand...
Serious question are you seriously suggesting the biggest economic decision in the last 50 years which goes to a vote and could take us out of a market where 50% of our trade is or keep us in will have no bearing at all on the stock market If you are serious then that wins a prize for the softest and least credible post in this entire thread.
 
SWP's back said:
Again the FTSE price has nothing to do with payments into Europe.

You're better than this.
Click to expand...
I understand they have nothing to do with each other directly one is a net contribution and one is wealth but I am comparing in relativity. Ie 100 Wiped off nations wealth in pursuit of a 9 billion dollar saving are a valid comparison.
 
EalingBlue2 said:
Serious question are you seriously suggesting the biggest economic decision in the last 50 years which goes to a vote and could take us out of a market where 50% of our trade is or keep us in will have no bearing at all on the stock market If you are serious then that wins a prize for the softest and least credible post in this entire thread.
Click to expand...

What I am saying is this, markets fluctuate, I am sure that leaving the EU will have a short term effect on the stock markets, however not a cataclysmic one that people like you suggest, we import 10 times more than we export to the EU and to suggest that they will cease this trade if we leave (which we will) is utterly ridiculous, its scaremongering and a weak and pathetic argument...
Now get off your pro euro horse and give me my prize, don't pay me in Euro's though, that currency will be worth less than a Zimbabwe dollar in the not too distant future...!!!
 
Blue Til Death said:
What I am saying is this, markets fluctuate, I am sure that leaving the EU will have a short term effect on the stock markets, however not a cataclysmic one that people like you suggest, we import 10 times more than we export to the EU and to suggest that they will cease this trade if we leave (which we will) is utterly ridiculous, its scaremongering and a weak and pathetic argument...
Now get off your pro euro horse and give me my prize, don't pay me in Euro's though, that currency will be worth less than a Zimbabwe dollar in the not too distant future...!!!
Click to expand...
I am talking about actual headlines actual data not my predictions or anything else, looking at the pound , looking at FTSE and the commentators from the market .

No one mentioned this trade ceasing , no one mentioned the euro you are trying to deflect from some concerning data you would rather ignore
 
EalingBlue2 said:
I am talking about actual headlines actual data not my predictions or anything else, looking at the pound , looking at FTSE and the commentators from the market .

No one mentioned this trade ceasing , no one mentioned the euro you are trying to deflect from some concerning data you would rather ignore
Click to expand...

No I am not, a large part of the remain campaign argument involves how much our trade will suffer, which will devalue the pound and bring about the ruination of our country.. As for actual data, you must be referring to actual forecasts of what may happen, not cold hard data, which will not be available until our vote to leave is registered at the polls..! As you are fully aware, the markets are extremely volatile and can sway either way from the baseline at the drop of a hat, sometimes it goes up and sometimes it goes down, the cold hard facts are that it inevitably rises and the baseline moves up despite the fluctuations for whatever reason... This country will flourish when we take back the ability to control our own destiny, that my friend is an undeniable fact... We are not the 5th largest economy on the planet because we cannot keep our house in order without the Influence of an Increasingly broken Eurozone...!
 
Last edited:
EalingBlue2 said:
Quoting the markets . Quoting pur press , not spinning - don't need to as it's pretty obvious what is driving market sentiment at the moment.
Click to expand...

I fully expect a negative impact on the markets in the unlikely event of a brexit but I don't care it will sort itself out, maybe after world war 3 finishes perhaps, the only thing left is the climate, it has rained an awful lot recently, try that one you never know
 
Status
Not open for further replies.
Unread Posts

Don't have an account? Register now and see fewer ads!

SIGN UP
Back
Top