Thought Id start this one going because its rather dead on this board at the moment and I suppose all my usual muckers are either at the Stella tennis event watching Dim Tim (lose again) or at Henly Regatta eating cucumber sandwiches (they wish,...NOT).

Anyway please feel free to just talk to yourself blast away and let it go on any company or subject you wish. Just wish Id thought of this one before.

cheers GF.

From The Guardian:

Stock market panic? It'll be much worse if Britain votes leave
Nils Pratley


A closer look at the markets suggests investors are only mildly worried about Brexit – or that they think it won’t happen

The Reichstag in Berlin. The German political and financial establishment is pleading for the UK to remain in the EU. Photograph: Mlenny/Getty Images

Tuesday 14 June 2016 19.31 BST
Last modified on Tuesday 14 June 2016 20.17 BST

Brexit fears stalk global markets? Only up to a point. Since the polls turned in leave’s favour, the FTSE 100 index has lost 370 points, or 5.8%, but is still well above February’s lows. The pound has fallen from $1.45 to $1.41 against the dollar, and from €1.28 to €1.26 against the euro. These are notable moves but they are not big enough to be called panicky.

Meanwhile, Tuesday’s record-breaking piece of market action – German 10-year bunds trading at a negative yield – was also being blamed on Brexit-inspired fears of a pan-European jolt to economic growth.

FTSE 100 hits three-month low as Brexit fears grow

But, again, one needs to tread carefully. German yields have been falling ever since the financial crisis of 2008. The march from 1% to zero started a year ago and (aside from low growth and low inflation in the eurozone) owes much to the European Central Bank’s huge programme of quantitative easing, or buying bonds regardless of price.

Brexit, to be fair, may have contributed something to the latest fall in German bond yields. But let’s not overstate it. A fortnight ago, when a remain victory looked an 80% probability, investors were willing to receive 0.2% for 10 years to lend to the German government; now they are willing to pay 0.05% for the privilege. A line has been crossed, but we’re talking small actual movements in prices.

So, if one takes a step back from the non-existent mayhem, two conclusions are possible. First, investors are only mildly worried about Brexit and think the short-term economic consequences are either hard to predict or exaggerated. Alternatively, markets don’t think it will happen.

The guess here is that it’s the second. Why? Cast your mind back to last summer when Greece’s survival in the eurozone was in genuine doubt. The country’s banks closed and financial markets fell into a proper swoon. Yet – in financial and economic terms – Greece was, and remains, a tiddler. Brexit, rather than Grexit, would represent a far bigger shock to the entire eurozone/EU project.

No wonder the German political and financial establishment is pleading for the UK to remain. It would rather delay the day when the eurozone has to sign up to fiscal transfers – rich countries paying for poorer members – to ensure long-term survival. Treaty changes will be necessary and demands for referendums will only be encouraged by the UK’s example. While one vote to leave the EU might be tolerable, two might lead to a deeper unravelling, especially if the next opt-out were to be a eurozone member such as the Netherlands.

Have markets priced in such political risks? Almost certainly not. There has been a modest widening of bond spreads between Germany and so-called peripheral eurozone members, like Spain and Portugal, but faith remains high in the ECB’s ability to do “whatever it takes” to keep the show on the road.

Maybe, in the long-run, a UK exit from the EU would have a bracing effect of the eurozone’s attempts to cure its deep economic ills. That must be one possible script since eurozone politicians seem capable of collective action only when presented with a crisis.

Just don’t expect markets to display any such breezy confidence if they wake up to a leave vote on 24 June. If Grexit looked scary, Brexit raises bigger uncertainties. The past week’s market action, one suspects, would look like a tea party.
Shy Green comes out of his shell

Hurrah, Sir Philip Green has “given long and hard thought to the matter” and decided to turn up to answer questions from MPs on Wednesday about “the very sad BHS story”. He’s still complaining about parliamentarians making up their minds before they’ve heard the evidence but, never mind, he’ll be there.

But, please, Sir Philip, drop the parallel grumble about this being your “first and only opportunity” to tell your side of tale. You were free at any point since BHS’s administration in April to give an account. You could have issued a statement, held a press conference, whatever you wished. You have never previously been shy about sharing your views. Well done, the MPs, for ensuring we hear them.
Bookies need a nought to worry about

Is the Gambling Commission getting tougher? Well, the financial penalties for disobeying anti-money laundering and responsible gambling rules are becoming bigger. Betfred received an £800,000 penalty on Tuesday. That – and an £880,000 hit to GalaCoral a few weeks ago – was a step up from the derisory £280,000 handed down to Paddy Power earlier in the year. All different cases, of course. But given the size of some of these firms, penalties of less than £1m don’t hurt. Add a zero and the commission might get noticed in boardrooms.

this board has turned very strange, insofar as there is now hardly a mention of shares to trade - apart from the odd bits and pieces i put on the FTSE thread

Perhaps this is the pie in the sky you want!

My son went to the filming of this Thursday's Mock the week. He said that there was a lot that might not make it to air. They spent about half an hour doing jokes about Corbyn so I guess a few will be in.

There was one joke that might not get in. The name EU was terrible and could only be made worse by naming it Top Gear.

There was another joke about Bruce Forsythe's daughter being the same age as the Queen.

Geldof wants to stay in the eu if we leave we might have too pay more for cannabis an

Geldof is the biggest arse hole in the world . and has made is money on lies and using the poor ,
why has he not given is money to charity no he takes money
never helped any one other than is self a vile horrible man
and is family tell you all

Voters in Europe’s ‘big three’ nations say Britain SHOULD leave the European Union – and they believe the UK would be economically better off by pulling out.

In Britain, support for Brexit among MSN readers was overwhelming, with 68% voting to leave and only 23% wanting to stay in the EU.

But the surprise verdicts came from MSN users in France and Germany, with 52% of French voters saying Britain should quit the EU and only 32% saying it should stay – and 49% of German MSN users suggesting Britain should leave with only 39% in support of continued membership.

And on a lighter note - Ben tweeted that his grandmother always writes please and thank you in her Google searches - there's nice. eg.
“Please translate these roman numerals mcmxcviii thank you.”
Among the many replies to Ben’s tweet was one from Google UK saying:
“Dearest Ben's Nan.
Hope you're well.
In a world of billions of Searches, yours made us smile.
Oh, and it's 1998. Thank YOU.”

bob Geldof the druggie who drove is family to early graves
the man is a vile horrible sub human who used the poor and starving to make millions yes millions why did he not give away much of is ill gotten wealth
answer because he is a liar and a disgusting sun human

yes I hate the scum he know more interested in the poor than giving all is ill gotten money away
the planet will be better when he is no more

Some good news.

http://edition.cnn.com/2016/06/15/politics/washington-post-abc-news-poll-unfavorable-ratings/index.html

Poll: 70% have unfavorable opinion of Trump

Donald Trump's unfavorability level is at 70%, the highest since announcing his presidential campaign, according to a new poll out Tuesday.

According to the new Washington Post/ABC News survey, 7 out of 10 American adults have an unfavorable opinion of the Republican presumptive presidential nominee. That's a significant reversal from a few weeks ago when Trump's polling seemed to be trending upward. Just 29% reported having a favorable opinion of Trump in the new poll. Among Hispanic respondents, that number is 89% unfavorable.

that's a load of bollocks if that was true he would of never one the seats fact

Osborne and Cameron must resign which ever way the vote goes
they are a disgrace to parliament . and have made it that to vote for any of the 3 parties is the same they all the same party should scamming the public

Which seats has Trump one Tanker?

Trumpo and co to one side.


Does anyone really think Hilly as €l Presidente would be good news?

those English so called fans should be locked up for 6 months in Syria

Hays - it would also be good to compare a poll opinion of hillary to trup ..... bet she doesn't show too well either




Max - better than trump, for at least she has some political experience and isn't on the lunatic fringe where trump resides .......
i don't know what shenanigans hillary may or may not have got up to, and can't say i'm greatly interested, for i suspect it's little more than a bag of beans ........ however, i am very surprised by the low profile she is keeping, or so it appears from this side of the pond ......
that said, i do not like the american electoral system at all, as without a shed-load of money behind you, there's no point in even starting the race ..... that can't be right

Bit like here then, but here it is who you know. How do you think young Straw and Kinnock are MPs? Shuttled into positions from the time they leave university. Nepotism is rife wherever you are.
Hillary Clinton was a better candidate at the time than Obama but since then she has gone downhillary. She was pulled out from Secretary of State because she wasn't very good, in fact useless, and her advisers didn't want her to cause any more damage before her presidential run.
She wouldn't be a good president but at least she would have people to keep her out of trouble. Trump is a loose canon.

cynic
The poll for Hilary is on the page I linked to. She is about 50/50 I think. But it is still better than Trump.

Trump only won in the primaries for nomination out of the registered Republican voters who bothered to vote. It tells you little about the GE and the polls are probably more accurate.

I notice Hils has hardly been on here since she started her political campaign.

Anyhow, let's all wish her 'the very best of luck'!

There is a very good BBC news program Hardtalk which you could watch on BBC iPlayer. It is an interview with a very respected Republican and speech writer for Regan and George W Bush. He said he cannot vote for Trump and gives his reasons. He is even considering voting for Hilary. His view is that Trump will lose badly and may damage the Republican party. He expects a very aggressive convention in Cleveland on 18-21 July.

looking at the bitch and liar no wonder bill played away vile woman