In the absence of serious economic data and of major stimulus the market is feeding off Brexit at the moment. I am not talking about 2008 or 2024 I am talking about what is moving the market today. All of those factors will impact at other times but we are not talking about other times. I can't imagine ever wanting to be so willfully and blissfully ignorant - I am almost jealousExactly. There are hundreds of things that can affect the global stock markets. But in Ealing's little world, you'd have thought that Brexit would be the only factor ffs!
If Osbournes prediction this morning is so true, why the fuck has he decided to leave it until the last minute to tell us? Surely he knew when Cameron announced there would be a referendum what effect it may have on the country and should have drawn up plans then to sort any deficit out.
It's all bollocks, this fucker hasn't got a single thing right since he became C.O.E. and should have been sacked from his post along time ago, the farce around benefit cuts in his last budget which was overturned should have seen to that.
More scare mongering and why they haven't realised it's pushing the undecided voter towards out i can't quite fathom out.
You best fire an email off to Franklin Templeton, one of the world's largest active fund managers, its sticking to its overweight stance on UK stocks in its global equity funds. OMG!We shall see , I suspect the consequences will be more serious than 911 , if things got close to 2008 then there is no world economy as there is nothing left to deal with a situation like 2008, no money, no fiscal stimulus, no interest rates etc
As for fund managers someone is selling off big time on the concerns and I hope you are right but as some fund managers were still saying AOLK weeks before Bear Stearns I would be taking many views and being as sceptical of any of them as the politicians or anyone else.
As for scare tactics, I reported facts, history , events of the last week don't need to predict
£100 billion wiped off Britains wealth in 4 days on Brexit fears. 4 days and it's wiped out thirteen years of savings that we will make.
At least you admit to denying scientific reality as well as economic reality lolThe markets fluctuate much like our climate changes.
Dont fall for the politics of fear!
Don't worry my pension does not rely on the old world to maintain itCash in now then mate cut all your losses.
Total non sequitur.£100 billion wiped off Britains wealth in 4 days on Brexit fears. 4 days and it's wiped out thirteen years of savings that we will make.
The politics of fear is as ridiculous as politics of fantasy, sometimes best to stick to reality
For clarity, where did you get this figure from and what exactly do you(or the source) define as 'Britains wealth'?
We shall see , I suspect the consequences will be more serious than 911 , if things got close to 2008 then there is no world economy as there is nothing left to deal with a situation like 2008, no money, no fiscal stimulus, no interest rates etc
As for fund managers someone is selling off big time on the concerns and I hope you are right, but as some fund managers were still saying ALl is ok weeks before Bear Stearns I would be taking many views and being as sceptical of any of them as the politicians or anyone else.
As for scare tactics, I reported facts, history , events of the last week don't need to predict
Fuck that! Short the market! Multi millionaire in 2 weeks time.Cash in now then mate cut all your losses.
I thought we all worked for Goldman Sachs they are behind everything?Total non sequitur.
I would understand someone that doesn't understand the markets posting this but you work for Goldmen Sachts.
You know full well the markets are always volatile before any election.
How many days could it take to add that value back in?
Where do you think that money has gone? You can't say it's value wiped off the countries wealth, it's now sat in cash and/or bonds.
Don't worry my pension does not rely on the old world to maintain it
Too true. What Osborne, Cameron, Corbyn, (as an orator he'd make a good bricklayer), are doing, with their ever more hysterical outbursts, is driving more and more people intoThe lies intended to instill fear didn't work, so outcome the threats... It's all garbage.
Mine emailed this morning as well.Yes and the person who looks after mine emailed me and said don't panic view investments long term have a balanced global portfolio and the result of brexit does not matter. Don't panic and do anything rash on short term fluctuations.
Thank fuck it's not you....
Continued market volatility is likely this week, as both the Federal Open Market Committee (FOMC) and the Bank of England (BoE) announce their latest rate decisions
That doesn't follow markets often never recover - look at Japan for example - even the ftse 100 is where it was a decade ago - always goes up is an economic fantasy
As for scare tactics, I reported facts, history , events of the last week don't need to predict