FTSE100 is 10% higher than 1 month ago

[Thunder Bolt]

And the pound is 10% stronger!

Not against the euro, it isn't. It was 1.24 before the vote and 1.17 now.

 

[Poyningsgull]

Did they vote Leave then?

They wouldn't have the balls

 

[bhanutz]

They wouldn't have the balls

or they are educated!

 

[Poyningsgull]

Not against the euro, it isn't. It was 1.24 before the vote and 1.17 now.

The Euro will go down the toilet in 5 years

 

[fosters headband]

The doom merchants have gone quiet.

So does that mean the enormous amount of money promised to head towards the NHS will start to trickle through now and people denied expensive life saving drugs can now look forward to a brighter future ?

 

[bhanutz]

Not against the euro, it isn't. It was 1.24 before the vote and 1.17 now.

It was a hint at sarcasm, trying to balance out a completely unbalanced view that all is ok if the FTSE 100 is up!

 

[Poyningsgull]

or they are educated!

I don't think so.

 

[bhanutz]

I don't think so.

Ok. So you know more about how the global financial markets work...Wanna job?

 

[knocky1]

Agree its high because of sterling. The FTSE 250 has also recovered ground on the month and was up 3.27% today. This not so reliant upon the $ as the FTSE100. Further upside comes from Carney signalling that Interest Rates will now not rise but go lower because of Brexit uncertainty and an expansion of the quantitative easing policy. A bit like taking your foot off the brake when the car is skidding towards a wall,in my opinion but the markets like it for now....The markets would also like the speed a new PM was found.

 

[yxee]

and we have an unelected prime minister (or will have)

You have elected MP s and an elected government...

 

[bhanutz]

You have elected MP s and an elected government...

yeah yeah yeah...Grammar, Grammer...there is always a smart arse!

 

[Baldseagull]

With the greatest respect you havent got a clue why its rallied, you can offer a view to fit into one scenario as others can too.

Why would these speculative investors speculate if they agreed with your view that it is likely to plummet, markets by their very nature are speculative driven, it seems that many dont agree with you and are putting their money where their mouths are, whilst you purport to offer a view as an expert on a football forum.

Doesn't matter where you find your experts does it, you've had enough of 'em!

 

[The Fifth Column]

It's wankers like that who cause the problems.!

Ooh careful, you'll upset a few of the city types in this thread who work for the banks and hedge fund managers. They'll throw all sorts of doom laden statistics, ifs and buts at you and if that fails they'll just label you an uneducated racist to hammer home their tedious points.

 

[drew]

The doom merchants have gone quiet.

You must be one of those experts that Gove was on about!!!!

 

[Triggaaar]

and we have an unelected prime minister (or will have)

Same as always. I don't imagine many of us have ever voted for one of our PMs.

 

[knocky1]

Ooh careful, you'll upset a few of the city types in this thread who work for the banks and hedge fund managers. They'll throw all sorts of doom laden statistics, ifs and buts at you and if that fails they'll just label you an uneducated racist to hammer home their tedious points.

At least he has an excuse as an uneducated racist.

 

[Triggaaar]

Remember that the FTSE plunged on the very prospect of Brexit. We're still in the EU for a couple more years at least. If this is what happens with just the idea of Brexit then I'll leave it with you to think about what will happen when (if) we leave the EU permanently.

So you're going to leave the thinking to others. Probably for the best.

 

[bhanutz]

Same as always. I don't imagine many of us have ever voted for one of our PMs.

yeah but we vote 'knowing' the leader of the party and many would vote on that alone....

 

[Poyningsgull]

Ooh careful, you'll upset a few of the city types in this thread who work for the banks and hedge fund managers. They'll throw all sorts of doom laden statistics, ifs and buts at you and if that fails they'll just label you an uneducated racist to hammer home their tedious points.

I'm too long in the tooth to worry about that. But thanks for the thought.

The thought of toe rags betting on us failing really winds me up. In the old days it would be called treason, now it's clever.

Just as well I am not Home Secretary.

 

[bhanutz]

I'm too long in the tooth to worry about that. But thanks for the thought.

The thought of toe rags betting on us failing really winds me up. In the old days it would be called treason, now it's clever.

Just as well I am not Home Secretary.

You can say that again....