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Sam All

3,101 posts

101 months

Monday 27th June 2016
quotequote all
sidicks said:
Mario149 said:
Ring up your pension fund and ask them how it's doing. Those types of ramifications. There are already people on threads here saying they're directly affected. Everyone else *thinks* they'll be okay just because. I have expat retired friends in France whose meagre income is in GBP. They can't afford the pound to become worth less or for the French economy to suffer as an indirect result. And bear in mind that all the damage done now will have to be undone.
Any idiot who invests in equities and is worried about short term volatility deserves all he gets!
& need to be reminded what happened in January this year - FTSE at 5500, now at 6033. The US/China often has greater influence on our markets.

sidicks

25,218 posts

221 months

Monday 27th June 2016
quotequote all
ash73 said:
Too subtle hehe
Much too subtle!

beer

turbobloke

103,953 posts

260 months

Monday 27th June 2016
quotequote all
Sam All said:
The US/China often has greater influence on our markets.
Careful. That may alleviate some of the single track gloom and doom and pessimism, we can't have that.

johnxjsc1985

15,948 posts

164 months

Monday 27th June 2016
quotequote all
Sam All said:
& need to be reminded what happened in January this year - FTSE at 5500, now at 6033. The US/China often has greater influence on our markets.
A guy has just been saying that the Markets before the Referendum were strong because they believed we would vote Remain so there is some adjustments are because of that. Instead of reporting every single movement why not let them get on with it . The FTSE 100 was not down enough for Sky so they went for the 250.

Mario149

7,754 posts

178 months

Monday 27th June 2016
quotequote all
sidicks said:
It is far too early to say how the negotiations will evolve.
It's the very fact that we'll be in negotiations that will continue to cause the problem. Markets like certainty. An ongoing negotiation where no-one knows what the final state of play will be is the very opposite.

turbobloke

103,953 posts

260 months

Monday 27th June 2016
quotequote all
Mario149 said:
sidicks said:
It is far too early to say how the negotiations will evolve.
It's the very fact that we'll be in negotiations that will continue to cause the problem. Markets like certainty. An ongoing negotiation where no-one knows what the final state of play will be is the very opposite.
These are the market makers with the same widsom as pollsters and bookies. On we go.

sidicks

25,218 posts

221 months

Monday 27th June 2016
quotequote all
Mario149 said:
It's the very fact that we'll be in negotiations that will continue to cause the problem. Markets like certainty. An ongoing negotiation where no-one knows what the final state of play will be is the very opposite.
That's not in dispute.

youngsyr

14,742 posts

192 months

Monday 27th June 2016
quotequote all
turbobloke said:
Sam All said:
The US/China often has greater influence on our markets.
Careful. That may alleviate some of the single track gloom and doom and pessimism, we can't have that.
Good job we haven't seen a 10% fall in the GBP against both the USD and Chinese Yuan since the result then, eh?

turbobloke

103,953 posts

260 months

Monday 27th June 2016
quotequote all
sidicks said:
Mario149 said:
It's the very fact that we'll be in negotiations that will continue to cause the problem. Markets like certainty. An ongoing negotiation where no-one knows what the final state of play will be is the very opposite.
That's not in dispute.
Uncertainty will become the new certainty before long.

turbobloke

103,953 posts

260 months

Monday 27th June 2016
quotequote all
youngsyr said:
turbobloke said:
Sam All said:
The US/China often has greater influence on our markets.
Careful. That may alleviate some of the single track gloom and doom and pessimism, we can't have that.
Good job we haven't seen a 10% fall in the GBP against both the USD and Chinese Yuan since the result then, eh?
Not at all. The sarcasm is misplaced.

The point was about influences not influence.

Eric Mc

122,029 posts

265 months

Monday 27th June 2016
quotequote all
You can always be certain of uncertainty. That's something I''m certain about.

walm

10,609 posts

202 months

Monday 27th June 2016
quotequote all
An ostrich earlier today...
'It is clear now that project fear is over, there is not going to be an emergency budget, people’s pensions are safe, the pound is stable, markets are stable, I think that is all very good news.'
Thanks BoJo. That's another fine mess you got us into.

Halb

53,012 posts

183 months

Monday 27th June 2016
quotequote all
Eric Mc said:
You can always be certain of uncertainty. That's something I''m certain about.
Certainly.

Eric Mc

122,029 posts

265 months

Monday 27th June 2016
quotequote all
walm said:
An ostrich earlier today...
'It is clear now that project fear is over, there is not going to be an emergency budget, people’s pensions are safe, the pound is stable, markets are stable, I think that is all very good news.'
Thanks BoJo. That's another fine mess you got us into.
No mention of turkeys then?

Mrr T

12,229 posts

265 months

Monday 27th June 2016
quotequote all
Mario149 said:
Ring up your pension fund and ask them how it's doing. Those types of ramifications. There are already people on threads here saying they're directly affected. Everyone else *thinks* they'll be okay just because. I have expat retired friends in France whose meagre income is in GBP. They can't afford the pound to become worth less or for the French economy to suffer as an indirect result. And bear in mind that all the damage done now will have to be undone.
You may also ask them about how worried they are about the ending of the S1 scheme?

I am sure that's cover in the Leave plan. What plan? You mean no one can find the plan?

smn159

12,654 posts

217 months

Monday 27th June 2016
quotequote all
The problem with referendums is that is that you give otherwise disengaged people potentially lots of influence but little sense of responsibility for what it brings. So you end up with Boaty McBoatface, Corbyn and Brexit

Jockman

17,917 posts

160 months

Monday 27th June 2016
quotequote all
smn159 said:
The problem with referendums is that is that you give otherwise disengaged people potentially lots of influence but little sense of responsibility for what it brings. So you end up with Boaty McBoatface, Corbyn and Brexit
Don't forget the Donald.

Stickyfinger

8,429 posts

105 months

Monday 27th June 2016
quotequote all
smn159 said:
The problem with-----democracy----------is that is that you give otherwise disengaged people potentially lots of influence but little sense of responsibility for what it brings. So you end up with Boaty McBoatface, Corbyn and Brexit
FTFY......oh wait a moment

turbobloke

103,953 posts

260 months

Monday 27th June 2016
quotequote all
smn159 said:
The problem with referendums is that is that you give otherwise disengaged people potentially lots of influence but little sense of responsibility for what it brings. So you end up with Boaty McBoatface, Corbyn and Brexit
That's not a problem.

What's the boat called?

What's happening to Corbyn and how?

Brexit is a brilliant future.

walm

10,609 posts

202 months

Monday 27th June 2016
quotequote all
turbobloke said:
That's not a problem.

What's the boat called?

What's happening to Corbyn and how?

Brexit is a brilliant future.
Uh... didn't democracy get over-ruled!?