How do we think EU negotiations will go? (Vol 15)

[Stay in Bed Instead]

crankedup said:

I find it tragic that some in here think that they are ‘hard done by’ and the U.K. leaving the EU club is somehow the end of the World.
Imagine being born around 1900 for a few minutes and what they had to live with and through,!!
And here are concerned about the price of advocado.
First World problems eh!

Did you just mention the war?

[Helicopter123]

Mrr T said:

stongle said:

rockin said:

The Covid pandemic is global, with Europe and North America hit just as hard as UK. It's no excuse.

Longer term stock market performance between July 2016 and today is also worth comparing,

S&P 500 (USA) – up 62%
SX5E (Europe) – up 12%
FTSE 100 (UK) – down 10%

It looks as though delivering Boris' smoke & mirrors utopia may come at a very high price.

I hope you don't work in Financial Services.

I doubt he does. Nor do I any more. However, I am surprised by the a simultaneous fall in trade weighted FX and FTSE100. While I know TW does not relate directly to the FX exposures of the FTSE 100 I do believe they are normally inversely correlated.

FX traders now call GBP the Great British Peso

[don'tbesilly]

Helicopter123 said:

Mrr T said:

stongle said:

rockin said:

The Covid pandemic is global, with Europe and North America hit just as hard as UK. It's no excuse.

Longer term stock market performance between July 2016 and today is also worth comparing,

S&P 500 (USA) – up 62%
SX5E (Europe) – up 12%
FTSE 100 (UK) – down 10%

It looks as though delivering Boris' smoke & mirrors utopia may come at a very high price.

I hope you don't work in Financial Services.

I doubt he does. Nor do I any more. However, I am surprised by the a simultaneous fall in trade weighted FX and FTSE100. While I know TW does not relate directly to the FX exposures of the FTSE 100 I do believe they are normally inversely correlated.

FX traders now call GBP the Great British Peso

Your right, they do:

“The GBP has been labelled the “Great British Peso” by some commentators given that the high degree of implied volatility recently has resembled an emerging market currency. However, with recent votes appearing to diminish the odds of a no-deal Brexit, the “Pound” has made something of a comeback.”

“Given that net short positions are still very stretched and would be trimmed further if risks continue to diminish, sterling could continue to rise against both the euro and the US$.”

It seems you don't understand what you're trying to say, which doesn't come as much of a shock, unsurprisingly.

[anonymous-user]

Lord Marylebone said:

Helicopter123 said:

Surely the Daily Mash must be reading PH for ideas?

The Brexiter's guide to pretending whatever deal Johnson gets is the exact deal you wanted

https://www.thedailymash.co.uk/politics/politics-h...

You would honestly think they must be reading this thread

And taking note of people like you!
It's quite clear the funny Daily Mash thing is written from the perspective of someone like you who makes out they want good for this country but can't help trying to insist we're fked and then posting some bullst list to support that claim. The same type of person that continually claims the reasons why other people, who aren't like them, voted for something other than what that person voted for themselves. The same type of person who continues to insist that this (always bad things to the extreme) is exactly what's going to happen because of how we voted.
And then they claim that Brexiteers claim this is exactly what they wanted, regardless of the amount of times we've been telling you this wasn't what we aimed for but it's more acceptable than the alternative.
So yes it's funny all round!

[gooner1]

Stay in Bed Instead said:

crankedup said:

I find it tragic that some in here think that they are ‘hard done by’ and the U.K. leaving the EU club is somehow the end of the World.
Imagine being born around 1900 for a few minutes and what they had to live with and through,!!
And here are concerned about the price of advocado.
First World problems eh!

Did you just mention the war?

I think you’ll find that was you Sibi, though you’ve probably forgotten that already.

[anonymous-user]

stongle said:

rockin said:

You are clearly saying that "UK plc" must be in the wrong sectors. Many investors would see that as a significant concern.

If you wish to pick out some growth sectors of UK economy, highlighting their scale and performance, it would be interesting to see.

The UK and Europes problem is no Google, Apple, Netflix, Amazon, Tesla and microsoft. 5 out of those 6 massive beneficiaries of Covaids (and I thinks Tesla is going to give the EU a headache as the cars are coming from China NOT homebuilt).

You've only responded to one aspect of the problem by pointing out what the UK doesn't have to offer.

I asked what you think UK does have to offer - and you've come up with nothing. THAT's the problem.

[Jazzer77]

Lord Marylebone said:

Helicopter123 said:

Surely the Daily Mash must be reading PH for ideas?

The Brexiter's guide to pretending whatever deal Johnson gets is the exact deal you wanted

https://www.thedailymash.co.uk/politics/politics-h...

You would honestly think they must be reading this thread

Ok admit it, who sent them the thread link?

[anonymous-user]

stongle said:

Ah, bless.

Is it because the world is a little more complex than TED talks powerpoint visuals and surveys put together by the year 1 grad intake?

You could always "Fake it to Make it".

You cannot predict the end state of Brexit; and its economic impact on the UK - until you know what course we are put on. Their are lots of scenario outcomes, some more credible than others; all with different and variable inputs.

Since the government has yet to announce much of its post Brexit blueprint; how can any predictions be accurate (or is there an ACTUAL remain time machine out there?).

It’s a satirical news website. It’s just humour. There’s articles in there taking the piss out of guardian readers and people who are overly woke too. It’s just jokes.

They definitely get inspiration from here though. Some of the Boris articles and comments are straight from the Boris thread.

[Helicopter123]

don'tbesilly said:

Helicopter123 said:

Mrr T said:

stongle said:

rockin said:

The Covid pandemic is global, with Europe and North America hit just as hard as UK. It's no excuse.

Longer term stock market performance between July 2016 and today is also worth comparing,

S&P 500 (USA) – up 62%
SX5E (Europe) – up 12%
FTSE 100 (UK) – down 10%

It looks as though delivering Boris' smoke & mirrors utopia may come at a very high price.

I hope you don't work in Financial Services.

I doubt he does. Nor do I any more. However, I am surprised by the a simultaneous fall in trade weighted FX and FTSE100. While I know TW does not relate directly to the FX exposures of the FTSE 100 I do believe they are normally inversely correlated.

FX traders now call GBP the Great British Peso

Your right, they do:

“The GBP has been labelled the “Great British Peso” by some commentators given that the high degree of implied volatility recently has resembled an emerging market currency. However, with recent votes appearing to diminish the odds of a no-deal Brexit, the “Pound” has made something of a comeback.”

“Given that net short positions are still very stretched and would be trimmed further if risks continue to diminish, sterling could continue to rise against both the euro and the US$.”

It seems you don't understand what you're trying to say, which doesn't come as much of a shock, unsurprisingly.

I've pointed out that FX traders now call GBP the Great British Peso

You've posted a quote that begins “The GBP has been labelled the “Great British Peso” by some commentators....”

I don't know what point you are trying to make?

[don'tbesilly]

Helicopter123 said:

don'tbesilly said:

Helicopter123 said:

Mrr T said:

stongle said:

rockin said:

The Covid pandemic is global, with Europe and North America hit just as hard as UK. It's no excuse.

Longer term stock market performance between July 2016 and today is also worth comparing,

S&P 500 (USA) – up 62%
SX5E (Europe) – up 12%
FTSE 100 (UK) – down 10%

It looks as though delivering Boris' smoke & mirrors utopia may come at a very high price.

I hope you don't work in Financial Services.

I doubt he does. Nor do I any more. However, I am surprised by the a simultaneous fall in trade weighted FX and FTSE100. While I know TW does not relate directly to the FX exposures of the FTSE 100 I do believe they are normally inversely correlated.

FX traders now call GBP the Great British Peso

Your right, they do:

“The GBP has been labelled the “Great British Peso” by some commentators given that the high degree of implied volatility recently has resembled an emerging market currency. However, with recent votes appearing to diminish the odds of a no-deal Brexit, the “Pound” has made something of a comeback.”

“Given that net short positions are still very stretched and would be trimmed further if risks continue to diminish, sterling could continue to rise against both the euro and the US$.”

It seems you don't understand what you're trying to say, which doesn't come as much of a shock, unsurprisingly.

I've pointed out that FX traders now call GBP the Great British Peso

You've posted a quote that begins “The GBP has been labelled the “Great British Peso” by some commentators....”

I don't know what point you are trying to make?

It's amusing that you're going down the same rabbit hole you disappeared down only the other day. (see Liam Fox)

What does the rest of the quoted article mention?

It's like pointing out the obvious to a 3-year-old.

[anonymous-user]

Helicopter123 said:

I don't know what point you are trying to make?

Story of your posting history.

[768]

jsf said:

Helicopter123 said:

I don't know what point you are trying to make?

Story of your posting history.

Good post.

[Helicopter123]

don'tbesilly said:

Helicopter123 said:

don'tbesilly said:

Helicopter123 said:

Mrr T said:

stongle said:

rockin said:

The Covid pandemic is global, with Europe and North America hit just as hard as UK. It's no excuse.

Longer term stock market performance between July 2016 and today is also worth comparing,

S&P 500 (USA) – up 62%
SX5E (Europe) – up 12%
FTSE 100 (UK) – down 10%

It looks as though delivering Boris' smoke & mirrors utopia may come at a very high price.

I hope you don't work in Financial Services.

I doubt he does. Nor do I any more. However, I am surprised by the a simultaneous fall in trade weighted FX and FTSE100. While I know TW does not relate directly to the FX exposures of the FTSE 100 I do believe they are normally inversely correlated.

FX traders now call GBP the Great British Peso

Your right, they do:

“The GBP has been labelled the “Great British Peso” by some commentators given that the high degree of implied volatility recently has resembled an emerging market currency. However, with recent votes appearing to diminish the odds of a no-deal Brexit, the “Pound” has made something of a comeback.”

“Given that net short positions are still very stretched and would be trimmed further if risks continue to diminish, sterling could continue to rise against both the euro and the US$.”

It seems you don't understand what you're trying to say, which doesn't come as much of a shock, unsurprisingly.

I've pointed out that FX traders now call GBP the Great British Peso

You've posted a quote that begins “The GBP has been labelled the “Great British Peso” by some commentators....”

I don't know what point you are trying to make?

It's amusing that you're going down the same rabbit hole you disappeared down only the other day. (see Liam Fox)

What does the rest of the quoted article mention?

It's like pointing out the obvious to a 3-year-old.

No need for the personal abuse please.

"The free trade agreement that we will have to do with the European Union should be one of the easiest in human history"

BBC Today programme (20 July 2017)

Hope this helps?

[Stay in Bed Instead]

Helicopter123 said:

No need for the personal abuse please.

"The free trade agreement that we will have to do with the European Union should be one of the easiest in human history"

BBC Today programme (20 July 2017)

Hope this helps?

Aww, give the chap some sympathy. He clearly didn't know at the time that the UK government would constantly change its mind about what type of trade agreement it wanted.

[anonymous-user]

stongle said:

Ah, bless.

Is it because the world is a little more complex than TED talks powerpoint visuals and surveys put together by the year 1 grad intake?

You could always "Fake it to Make it".

You cannot predict the end state of Brexit; and its economic impact on the UK - until you know what course we are put on. Their are lots of scenario outcomes, some more credible than others; all with different and variable inputs.

Since the government has yet to announce much of its post Brexit blueprint; how can any predictions be accurate (or is there an ACTUAL remain time machine out there?).

Why so serious? it really is just a joke.

No idea what your 'Fake it to make it' comment is about.

I agree that we have no idea where all this will end up. It could be good or bad. But there isn't anything stopping people poking fun at the government in the meantime.

[andymadmak]

It's like Groundhog day in here sometimes.

Where's Bill Murray when you need him......

[crankedup]

Stay in Bed Instead said:

crankedup said:

I find it tragic that some in here think that they are ‘hard done by’ and the U.K. leaving the EU club is somehow the end of the World.
Imagine being born around 1900 for a few minutes and what they had to live with and through,!!
And here are concerned about the price of advocado.
First World problems eh!

Did you just mention the war?

I suppose I might have inferred it with my misspelling of avocado. Such slips have many people frothing, guns at dawn.
I still enjoy avocado with prawns, and I really don’t care much about food fashion, I will keep buying them whatever the trade tariff

[Whohe123]

The first of many companies?

https://twitter.com/EbooksDirect/status/1318176315...


Since the UK will no longer be operating in cooperation with EU tax bodies after the transition period ends, at that point the changes in the article linked to above will take effect. Those changes mean that companies functioning as online marketplaces (OMPs) selling directly to UK customers must (at considerable expense) register with the UK VAT office, and file remittance paperwork with the VAT office for every item sold. (This paperwork would have to be filed even when "selling" items that are below the VAT thresholds, or free. We would be entirely willing to simply decline to charge UK customers VAT, but the new regulations won't permit that.)

[Helicopter123]

Whohe123 said:

The first of many companies?

https://twitter.com/EbooksDirect/status/1318176315...


Since the UK will no longer be operating in cooperation with EU tax bodies after the transition period ends, at that point the changes in the article linked to above will take effect. Those changes mean that companies functioning as online marketplaces (OMPs) selling directly to UK customers must (at considerable expense) register with the UK VAT office, and file remittance paperwork with the VAT office for every item sold. (This paperwork would have to be filed even when "selling" items that are below the VAT thresholds, or free. We would be entirely willing to simply decline to charge UK customers VAT, but the new regulations won't permit that.)

Sad news. There will be more.

[Troubleatmill]

Helicopter123 said:

No need for the personal abuse please.

"The free trade agreement that we will have to do with the European Union should be one of the easiest in human history"

BBC Today programme (20 July 2017)

Hope this helps?

"The free trade agreement that we will have to do with the European Union should be one of the easiest in human history"
I'm sure it was pointed out to you just yesterday what else Dr Liam Fox followed that sentence up with.

He is just making a statement of fact.