EU referendum

[halfcenturyup]

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.

Yes. Uncertainty. Uncertainty dissipates and markets come back. I think everyone knows there will be a short term negative impact on sentiment if it looks like, or if it actually is, a leave vote.

 

[kippax4ever]

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...!!!

Well said BTD.
Plus,maybe without all the european bureaucracy(red tape) if we do vote leave,Who to suggest that we wont get more investment seeing were not tied to the eu failing economy..
Scare tactics don't sway me,All i see is a crumbling/stagnated economy,which as been going on for years & bureaucrats seem to be uninterested or don't give a fk..
Me personally i can't wait to see the domino's effect if we vote leave & see who will be next & then next..

 

[kevin horlocks wand]

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.

Yes and equally if we vote out the eurozone could weaken , the euro collapse and money taken out of the eurozone and into the safe haven of the U.K., resulting in a stronger pound and a stronger ftse....

It's all speculation of course

 

[Ancient Citizen]

Yes and equally if we vote out the eurozone could weaken , the euro collapse and money taken out of the eurozone and into the safe haven of the U.K., resulting in a stronger pound and a stronger ftse....

It's all speculation of course

Good point, I can't see the Euro rising exponentially if we leave the club, nobody seems to have mentioned this.

 

[masterwig]

Whichever way the vote goes you can be sure the vast majority of benefits to come out of it will go to those at the top and Joe Public won't see a penny.

Got to admire the blind optimism of the Brexiters that they'll suddenly be better off though.

 

[AlgarveBlu]

FTSE down 1.3% on Brexit fears that must be about ten years of the Brexit saving wiped out today so far?

The stock/bond/currency markets that we have been gauging moves on have all been trashed anyway by the fed, boe and ecb flooding the system with QE - money printing - doubt very much that global stock market indicies would be trading anywhere near there current levels if it wasn't for the central banks flooding the system making investors go on the hunt for 'yield return' - the markets have not operated on a normal basis for around 5 years now because of central banks

uk treasuries are trading at historically low yields and this is because it is the one asset class that investors pour into in times of uncertainty and this has been effected by Brexit but the irony is that it will allow the government to borrow at cheaper levels for it's public finance deficits. The ten year German Bund has today gone into negative territory for the first time in it's history which shows the level of anxiety in the Eurozone.

 

[Blue Til Death]

Whichever way the vote goes you can be sure the vast majority of benefits to come out of it will go to those at the top and Joe Public won't see a penny.

Got to admire the blind optimism of the Brexiters that they'll suddenly be better off though.

Or conversely the remainers who think that life in this broken club will benefit the country more than being in charge of our own destiny... !

 

[EalingBlue2]

I think

Good point, I can't see the Euro rising exponentially if we leave the club, nobody seems to have mentioned this.

if the eurozone collapses money won't be parked in a market that has 49% of its bilateral trade with the EU that's for sure . How many hundred billion would that add to our deficit as well?

 

[EalingBlue2]

Or conversely the remainers who think that life in this broken club will benefit the country more than being in charge of our own destiny... !

Blind optimism was a sarcastic back handed conplement I assume.

The brexiters sounding increasingly like Comical Ali. no matter what the evidence we'll be fine

 

[mcfc1632]

Voting remain was a guaranteed bet four weeks ago. The only thing certain in politics is that nothing is.

I backed Leave on Betfair a couple of weeks ago @ 5.1 (over 4/1) - this morning it is 2.66 (13/8)

 

[Blue Til Death]

Blind optimism was a sarcastic back handed conplement I assume.

The brexiters sounding increasingly like Comical Ali. no matter what the evidence we'll be fine

Whereas you are starting to sound like Joey Barton... ;-)

 

[AlgarveBlu]

Anyone else think that the EU will step in to this at the last minute with some kind of concession/gesture similar to the pledge given at the last minute by Cameron in the Indy ref?

I suspect they will but not sure what meaningful 'present' they can offer the uk as free movement is there holy cow - If the eu had anything about them they should of started discussions about implementing a system where there was a policy that eu countries had to accept a minimum number of eu migrants per annum before they shut the door and each country could have a co-efficient attached to it based upon it's current population density ratio - Not sure if that would be logistically workable but it would certainly seem fairer to me.

 

[mcfc1632]

Yes and equally if we vote out the eurozone could weaken , the euro collapse and money taken out of the eurozone and into the safe haven of the U.K., resulting in a stronger pound and a stronger ftse....

It's all speculation of course

Pure speculation - but equally as valid as the doom-mongering. Even the EU state their concerns that the UK leaving could spark a domino affect across the EU - why would money be placed there - it will more likely be in the US (or perhaps Sterling)

 

[yep]

 

[Ancient Citizen]

Blind optimism was a sarcastic back handed conplement I assume.

The brexiters sounding increasingly like Comical Ali. no matter what the evidence we'll be fine

There is no 'evidence' as nobody has ever done it, Joey.

 

[Ancient Citizen]

Fucking cracker that!

 

[mcfc1632]

Whereas you are starting to sound like Joey Barton... ;-)

I think a few of the Remainers on here are misunderstanding how the referendum voting will work - they seem to be thinking that it might be measured on the number of posts and by making the most posts and repeating the same old same old points they will carry more weight

 

[AlgarveBlu]

Yes and equally if we vote out the eurozone could weaken , the euro collapse and money taken out of the eurozone and into the safe haven of the U.K., resulting in a stronger pound and a stronger ftse....

It's all speculation of course

The Eurozone /EU will weaken I don't think there is any 'could' about it - if there is a leave vote then we should expect to see a crisis management team in place to firstly ensure that no other nation can start sounding out having their own referendum. Price of gold/the USD and CHF/treasuries and triple A government bonds will all go up - I'm not sure the UK would be deemed to be a safe haven for a few years until the dust settles.

 

[smudgedj]

FTSE down 1.3% on Brexit fears that must be about ten years of the Brexit saving wiped out today so far?

So what. Japan’s Nikkei kicked off Asian trading this week with a 3.51% fall.

 

[The Blue]

I found this to be a really interesting insight about the wheeling and dealing in Europe. Last week i thought i'd made my mind up on voting remain, but this has got me to 50/50 again.