OK, a silly thread for a Friday...

Rumour (totally unsubstantiated) doing the rounds in the market but not on the wires yet is that Bin Laden is dead. We are all bright enough to know that this is probably created by a desperate dark corner of the market who will do anything to spice up the market but what if...

how convienient would that be for Blair...

discuss.

Articles in the press this week say the stock markets always do badly under a labour gov. the uk market has badly under performed by comparison with all other markets. Big guns in the City are now calling for a mass backing of the tories as the stock market and business traditionally perform better. regardless of your inclinations this tells us as investors we should follow the City advice!! of course I would anyway--I endured the 3 day week and selective employment tax--so you can tell I'm geriatric!!
Watching Blair's torture on question time last night I wouldn't be surprised if he started the rumour himself! I almost felt sorry for him.

wasn't that outrageous!

i know we all may get nervous and times but to see nervous sweating in a forum where is oppo was composed is pretty bearish for him.

i am a tory boy and would agree with the rest of the city.

are we on the cusp of a shock result?

I'm tempted to put a bet on it.

lets have a look at some prices..

Last statistics I saw showed the market did better under a Labour government.

Here here Dil.

cheers GF.

And heres the proof.......................................

New Labour took office in 1997, since when the economy has recorded quarter-on-quarter growth without fail. Annual average gross domestic product growth between 1997 and 2004 was roughly 2.8%, above the long-term trend rate of 2.5%.

Meanwhile, unemployment, at least on the official numbers, has fallen substantially from over 7% at the start of New Labours period in office to just 4.7%. Annual average inflation since 1997 comes in at a lowly 2.5% based on the retail prices index, compared with 6.3% under Tory rule between 1979 and 1997. The Bank of Englands benchmark rate of interest has averaged 5.5% under New Labour, against roughly 11% under the Conservatives.

Unsurprisingly, the chancellor of the Exchequer Gordon Brown crowed about the UKs recent economic success in his Budget last month. In fact, it often seems as if New Labour believes its economic policy framework is primarily responsible for Britains environment of low inflation, low interest rates and stable growth.

The party no doubt expects a large number of voters to think the same way at the ballot box. After all, the UK enjoys close to full employment and its citizens feel richer given the 140% rise in average house prices under Browns watch. Even the stockmarket has delivered a total return of 45%, despite the travails of the new millennium bear market.

cheers GF.

So there we have it .... vote Labour , unless your short

:-)

:-)) Labour no doubt via SMPS. now lets get on with the market...

Most seem to miss the main point - that a Hung Parliament would be the most advantageous to us all. Unable to enact the nonsensical legislation that seems to be the desire of all political parties we, the electorate, would be able to continue our lives unblemished by their joint nonsense. What fun to see these assholes now able to fulfil their main function - to live off us to the best of their ability until next time - without any reminders of their responsibilities.
So Vote for the party likely to do the MOST DAMAGE to the two main parties. It saddens me to say it but its a vote for the Liberals that will truly count, this time.

Since Labours election victory in 1997, the FTSE 100 has fallen by more than 10% in real terms. The stock markets meagre performance cannot be blamed on worldwide conditions.

While the FTSE 100 has risen in actual terms by just 1.8% since May 1997 to the end of April 2004, other countries indices have grown significantly. The German Dax has risen by 18.3% over the same period, while the US Dow Jones has made a 48.2% gain and the Italian BCI index has risen by almost 74%. Of those, only the US has enjoyed stronger economic growth than the UK.

Under Labour there is a dramatic difference, in market performance, than under Conservative Governments. The FTSE 100 has fallen in real terms during every post-war Labour government. The 10.4% decline in real performance since 1997 to the 30th of April 2004 compares with a 167% gain during the 1979-97 administrations of Margaret Thatcher and John Major and a 74.8% rise during the Conservative government of 1957-64.

So there are the facts.

Even with strong economic performance in the UK, which Gordon Brown inherited, increased tax and regulation on business have hindered growth in the UK markets.

DON'T VOTE LABOUR!!!

Hear Hear--all good sense. The stability was a tory legacy now squandered and millions more borrowed!! All the former unemployed are students or on disability allowance and the like so surprise--unemployment falls!

Bolloxs , its been shown the market does better under Labour so sod off Mr Howard , you are going to lose , tough sh*t.

Regards

Dil

PS You got any statistics on inflation and the Tories and how that is the real enemy of stock markets ?

Thought not.

Ah! the genteel art of political debate, in which those who have no say express views they cannot enforce upon a ruling body that is unrepresentative of, incapable of understanding and completely disinterested in, those opinions anyway.
And to what end, the replacement of one group of intrinsically racist, corrupt, inadequates with another exactly the same.
The real problem is how to replace a political system that outlived it's usefullness with the advent of the steamship.
As a start point to this revolution, I would suggest the following, proof of identity required before you cast your vote, compulsory voting, with a custodial sentence for anyone failing to comply.
To give balance all ballots should include a box NOTA (None Of The Above)
Any seat whose majority was NOTA would naturally be required to execute all the failed candidates.
The three surviving elected officials could then elect a leader, which we could perhaps call King or Queen as appropriate.
We could then move forward to a systen more appropriate to the modern era.

Obituary: Democracy, nobody admits to inventing it, nobody can explain it, nobody can justify it, success has a thousand parents, failure is an orphan.

On thread:
There is no possibility whatsoever that Tory Blah started the rumour regarding the demise of Binlady, for if it were found to be true the people might start looking closer to home for the enemy, and they just might find one.

And I have a moral duty to vote....can you possibly imagine my PAIN!!!!!

Another one to consider!

http://alkali.colug.org/~kaha/DavidRayGriffin_050418_56K.mp3

The stats are there Dil that the market does better under a Tory government as stated in my earlier post. Go have a look if you do not believe me. Inflation was a world wide phenomenon cause by the oil shocks. Agreed that Howard will not win, Blair will most likely get back in and hand over to the treacherous Brown in a year or two.

Agree with you moneyplus.

Stormcaller where do I sign to join the revolution!!

Thanks for the support. Stormcaller--what a depressing outlook but can't really argue with it- I just live in hope!
Dil--you know trouble is just around the corner because you are wisely mainly in cash-whoever gets in our bubble is about to burst. as for facts there have been several articles in the finance pages lately saying the markets do badly under labour but I can quote you this weeks Money Week. page 10 a senior source at the Halifax revealed the bad debt book now accounted for 10% of the total mortgage lending the highest since the early 90s and given our lower int.rates it isn't a good sign--another rise and things will get very nasty.
shares in Whitbread fell heavily after warning consumer confidence is falling.
Mortgage equity withdrawal now equals the growth in total consumer spending--stay out of retail and leisure stocks their outlook isn't good.
page 23 --we've never had it so good! voters are reasonably content at the moment--the tory gov. left a golden economic inheritance of a stable framework and four full years of growth and low inflation 2.6% in1997 as compared 3.2% now. the problem is GB has squandered it wrecking the public finances with massive borrowing 112 billion in 2001-2007 compared with the estimate of just 12 billion. this puts us on an upward path of higher taxes and inflation. if elected for a third term labour will reap what he has sown say business leaders investment banks think tanks and economists. and me! brown's good fortune is that there has been no major international recession on his watch says the G uardian. as economic storm clouds gather there is little reason to think the tories will cope with the situation any better than labour. the damage is done and Kenneh Clarke says we must now wait until Labour run out of money which is what they did last time hence the years of pain under the tories--the money will run out soon.
Finally a quote from money week---work harder!! millions on welfare depend on you!--monster raving loony party!

That's enough depression Dil--I'm sure you'll come back at me but please make it in ladylike language--I'm geriatric!! I'm off to start another thread the SIN thread---vice is a recipe for investing success--the vice fund returned 34.3% in it's first year!! cheers MP

Excellent stuff moneyplus. Agree with you entirely.