cancel2 2022
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The LSE has just closed with the FTSE 100 at its highest point this year, so much for Nostradarla and her predictive powers.
FTSE 100 6,504.33 +144.27 (2.27%)
FTSE 100 6,504.33 +144.27 (2.27%)
FTSE 100
- Thread starter cancel2 2022
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Yes, Tom, it is a great opportunity for the 1% to grab more. Meanwhile, the little investors in their company 401K took a big hit, the pound is still sinking, Ryanair is talking of leaving Britain and the days of cheap flights between European countries may vanish.
World stocks rose for a third day although bond yields remained subdued, reflecting concerns about the global economy and expectations for more stimulus from central banks, as the Bank of England raised the prospect of more bond buying.
Markets have regained their poise after a short bout of volatility following Britain's vote last week to leave the European Union, but concerns remain about the longer term economic outlook and the potential for renewed turbulence.
Sterling reversed early gains as Bank of England Governor Mark Carney said the central bank would probably need to pump more stimulus into Britain's economy. Investors largely expect the Bank to cut interest rates over the summer and ramp up its bond-buying program. The news sent UK shares surging..
The equity rebound of the last three days was not enough, however, to completely offset losses suffered in recent days which have put global stocks on track for their worst monthly performance since January, down 1.6 percent for the month.
Renewed concerns over global growth and oversupply have also forced oil prices down again as both Brent and U.S. crude traded below $50 per barrel.
"The focus now shifts to reality and the performance of the global economy, which is not all that promising," said Peter Cardillo, chief market economist at First Standard Financial in New York.
Gold, a safe-haven play, edged lower but was on track for its biggest monthly rise since February after posting its biggest daily rise in more than seven years after Britain backed leaving the EU =XAU.
The two-day selloff in the aftermath of last week's vote had wiped more than $3 trillion off the value of global stocks. They have recovered about half of that over the past three sessions.
Equities rise, bond yields subdued as more stimulus seen
http://www.reuters.com/article/us-global-markets-idUSKCN0ZF01O
we were in a global slow down before Brexit, and still are. Commodities are down except for gold.
Brexit was/is a shock wave, but didn't change any underlying factors.
The global slowdown is still the boogeyman out there
Markets have regained their poise after a short bout of volatility following Britain's vote last week to leave the European Union, but concerns remain about the longer term economic outlook and the potential for renewed turbulence.
Sterling reversed early gains as Bank of England Governor Mark Carney said the central bank would probably need to pump more stimulus into Britain's economy. Investors largely expect the Bank to cut interest rates over the summer and ramp up its bond-buying program. The news sent UK shares surging..
The equity rebound of the last three days was not enough, however, to completely offset losses suffered in recent days which have put global stocks on track for their worst monthly performance since January, down 1.6 percent for the month.
Renewed concerns over global growth and oversupply have also forced oil prices down again as both Brent and U.S. crude traded below $50 per barrel.
"The focus now shifts to reality and the performance of the global economy, which is not all that promising," said Peter Cardillo, chief market economist at First Standard Financial in New York.
Gold, a safe-haven play, edged lower but was on track for its biggest monthly rise since February after posting its biggest daily rise in more than seven years after Britain backed leaving the EU =XAU.
The two-day selloff in the aftermath of last week's vote had wiped more than $3 trillion off the value of global stocks. They have recovered about half of that over the past three sessions.
Equities rise, bond yields subdued as more stimulus seen
http://www.reuters.com/article/us-global-markets-idUSKCN0ZF01O
we were in a global slow down before Brexit, and still are. Commodities are down except for gold.
Brexit was/is a shock wave, but didn't change any underlying factors.
The global slowdown is still the boogeyman out there
cancel2 2022
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My shares portfolio has perked up a treat today, as for the rest more spurious bullshit. Michael O'Leary has no intentions of moving out of the UK, his whole business would be screwed if he did. If we are going into a blame game then how about Bill Clinton signing the Gramm–Leach–Bliley Act which repealed Glass-Steagall and resulted in the sub-prime crisis and the worldwide financial meltdown in 2008? We are still paying for that over here, so keep your sanctimonious claptrap to yourself!
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Well, I think Michale O'Leary knows a bit more about his business than yourself and he is discussing the possibility.
PostmodernProphet
fully immersed in faith..
actually....if they didn't sell they took no hit at all.......
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Instead of being so full of doom and gloom, you should be happy that there may well be two women leading the Labour and Tory parties!!
It depends on the women, I don't vote for people just because they are a woman.
if the stock market is down its bad if its up is bad :/ there is no pleasing some people.
the people who sold were idiots. Manipulated by the elites who sold at peak price and bought it back at bottom dollar.
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He is full of piss and wind, always has been.
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I am talking about Angela Eagle and Theresa May.
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I know, just can't get my head around that kind of logic!!