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PostPosted: Thu Jun 30, 2016 4:49 pm 

Black Shepherd Carnage wrote:
The older generations have really fucked this up for the younglings.


Everyone had a vote.


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PostPosted: Thu Jun 30, 2016 5:00 pm 

That was a Star Wars joke.


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PostPosted: Thu Jun 30, 2016 5:14 pm 

Black Shepherd Carnage wrote:
The older generations have really fucked this up for the younglings.


:lol: :D

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PostPosted: Sat Jul 02, 2016 3:26 pm 

Just one week later and the FTSE 100 closed at a five year peak... proving only that people still know jack shit about how the markets work.


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PostPosted: Sun Jul 03, 2016 1:03 pm 

Of course we don´t or else else we would all be millionaires. I never thought for one second that the UK would slip down some black economic hole, in fact I think their economy will be far stronger. The problem with the split, if there is one, is far more ideological.


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PostPosted: Sun Jul 03, 2016 1:50 pm 

You didn't, but in the media, and in the whole Remain camp voice as a result, the initial market drop was pointed to far and wide as a harbinger of long term doom. Quite stupid for a group of people revelling in insulting the intelligence of the other side.


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PostPosted: Sun Jul 03, 2016 5:23 pm 

So is my spending money for my new York holiday going to go okay in August then?
Frankly the main thing that concerns me about Brixit is how will it affect my holidays abroad.


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PostPosted: Mon Jul 04, 2016 10:46 am 

So now Nigel Farage has stepped down from UKIP. Amazing. He "gets what he wants" then quits the party.


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PostPosted: Mon Jul 04, 2016 11:30 am 

As regards the FTSE going up is it not possible that it can take another hit when the UK finally triggers Article 50 instead of fannying around like it has 10 days after the vote?


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PostPosted: Mon Jul 04, 2016 12:08 pm 

Jesus Phish wrote:
So now Nigel Farage has stepped down from UKIP. Amazing. He "gets what he wants" then quits the party.


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PostPosted: Mon Jul 04, 2016 12:51 pm 

Iron Aiden wrote:
As regards the FTSE going up is it not possible that it can take another hit when the UK finally triggers Article 50 instead of fannying around like it has 10 days after the vote?


Volatile thing is volatile.


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PostPosted: Mon Jul 04, 2016 1:12 pm 

Black Shepherd Carnage wrote:
Just one week later and the FTSE 100 closed at a five year peak..

And the FTSE 250 is still down, sterling still low against the dollar (probably driving the jump for FTSE100) and the UK's credit rating has dropped two points (unheard of).

Long term the latter two will effect the UK economy badly unless the UK finds something to export other than foreign nationals ...


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PostPosted: Mon Jul 04, 2016 2:36 pm 

Black Shepherd Carnage wrote:
Just one week later and the FTSE 100 closed at a five year peak... proving only that people still know jack shit about how the markets work.


5 year peak? It was up over 6500 for most of 2013 - 2015, peaking at near 7100 in April last year, so it's hardly a 5 year peak.. In any event, kneejerk market reactions are rarely representative or where the trend will take them.

The reality of the matter is at the minute is that no one has a clue where things are going to end up as yet as nothing definitive has happened either which way.


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PostPosted: Mon Jul 04, 2016 7:27 pm 

ragnarok wrote:
Black Shepherd Carnage wrote:
Just one week later and the FTSE 100 closed at a five year peak... proving only that people still know jack shit about how the markets work.


5 year peak? It was up over 6500 for most of 2013 - 2015, peaking at near 7100 in April last year, so it's hardly a 5 year peak.. In any event, kneejerk market reactions are rarely representative or where the trend will take them.


Bad wording on my part. I should also have posted the source:
http://www.reuters.com/article/britain- ... SL8N19N3X3

In any event, as you say, the point about knee-jerk market reactions was all I was trying to make. It seems absurd to me that people would look to it as a sign of any kind of certain outcome.


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PostPosted: Tue Jul 05, 2016 7:47 pm 

http://www.newstatesman.com/politics/uk/2016/07/strange-death-liberal-politics


Read this earlier and found it interesting.


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