skinny
- 20 Aug 2018 07:10
- 5 of 38
Rightmove HPI m/m -2.3% -0.1
CC
- 20 Aug 2018 09:27
- 8 of 38
FTSE going up. Banks going up. All a bit of a surprise.
RBS on a mission and not before time.
CC
- 20 Aug 2018 10:52
- 10 of 38
I spoke to soon Fred. RBS still up 1.4% but LLOY now gone negative.
Still my portfolio looking somewhat better this morning.
skinny
- 20 Aug 2018 15:28
- 11 of 38
I know its apples and oranges, but the DOW is now +4% YTD and the FTSE -1%.
Ho hum.
CC
- 20 Aug 2018 16:37
- 12 of 38
If I add some pears, considering cable then on an asset value basis it's even worse?
CC
- 21 Aug 2018 09:46
- 17 of 38
https://twitter.com/ONS/status/1031821086546116609/photo/1?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1031821086546116609&ref_url=https%3A%2F%2Fwww.bbc.co.uk%2Fnews%2Flive%2Fbusiness-45220427
My issue is that this graph clearly shows the economy repairing itself and the yellow line shows things are going much better than expected in every months data as well as today's which beat forecast by about a million.
Yet the market so far hasn't reacted.
One swallow doesn't make a summer but it seems to me all the good data is just being ignored.
Fred1new
- 21 Aug 2018 11:09
- 18 of 38
CC.
Yes.
But what "interests" me are
1) the number of share buybacks over the last few years
2) seemingly less R and D
3) Building and industrial construction indices seeming to trend downwards last 12-15months.
4) IF the UK exits the EU, then a larger amount of the economy will be "attempting" to trade with "economies" where the "wages", "rates of pay" and "costs of production" are less in the UK.
I would think there will be a spiralling downwards of UK incomes, which will "affect" the internal overall production and economy within the UK.
Also, a standstill of wages and move towards "deflationary" measures, but inflation is some parts of food "imports".
This will be coupled with the withdrawal of elements of industrial units from the UK.
Perhaps, I am too gloomy, but my gloom reflects the market.
I hope I am wrong.