Guarduan/Reuters: BoE to cut to 1.5% in Dec

Gorgeous_George

When I was just a little a boy
I asked my mummy, what should I be?
Should I be Bullish?
Should I be Bearish?
Here's what she said to me.

Que sera sera
Whatever will be will be
We're going down the swanee
Que sera sera.

I'm sure MSEers can improve on the words!

GG

mr.broderick

Nice thread !!!!!!, not all of us with mortgages don't have a pot to p#iss in by the way.

mewbie_2

mr.broderick wrote: »

Nice thread !!!!!!, not all of us with mortgages don't have a pot to p#iss in by the way.

Or 'en suite' as it's described in the estate agent blurb.

mr.broderick

mewbie wrote: »

Or 'en suite' as it's described in the estate agent blurb.

:rotfl: :rotfl: :rotfl:

Really2

!!!!!!? wrote: »

Good news for the bulls!

http://www.guardian.co.uk/business/feedarticle/8018323



In unrelated :rolleyes: news pound now at $1.5029 and €1.1971

I pressume that by saying unrelated new that you actually mean it is related.

If you think the exchange drops are down to the rates and resession news I agree.
If you think they are unrelated you are wrong i belive.
(god how confusing did i make that?)

MrDT

Some of you seem to be confusing what people expect/believe will happen and what they are hoping for.

Owning property wouldn't mean I instantly had a bullish outlook, I'd still have a bearish view of the markets i.e. I would expect prices to keep falling. I might hope otherwise, but I doubt it'd colour my outlook to the point of out and out denial.

I'd probably stop caring to be honest, and stop reading this subforum

dougs

!!!!!!? wrote: »

Guarduan/Reuters: BoE to cut to 1.5% in Dec

your title is very misleading. It does not say that the BoE will cut rates to 1.5% in Dec at all.

HammersFan

dougs wrote: »

your title is very misleading. It does not say that the BoE will cut rates to 1.5% in Dec at all.

But I wouldn't bet against it. Would you?

Thanks for the posting !!!!!!. Fantastic news for lots of people with mortgages or coming to end of fixed rate.

Might 'payment shock' be the dog that didnt bark (or something like that)?

chucky

what great news - i'll be able to pay off my residential offset mortgage even cheaper and probably take cash out from the offset to buy additional property for even less.

especially during the next 6 months which will be very tricky for some sellers. it's smashing news!!

Dithering_Dad

!!!!!!? wrote: »

That's a good point.

The bearish on housing tend to be savers.
The bullish tend to have large mortgage debt or property investment.

But not always. There are quite a few bearish people here who own their property outright, even multiple properties and BTLs.

Not many bullish people who haven't already bought. Mind you, if you were bullish about today's market the thing to do is buy.

Completely ridiculous viewpoint and IMHO displays a lack of understanding in those terms. It's as though !!!!!! thinks Bears and Bulls are set character types that people are born into.

I'm bearish towards the stockmarket and the housing market right now because I think both will continue falling. Once I feel that the stockmarket bottoms I will start feeling bullish about the market and will be investing. The housing market will recover much slower so I expect to be bearish about this sector for quite a while.

I know that there are a lot of 'arm chair' economists, including !!!!!!? who don't really know too much about the stockmarket, but can we please stop using the terms 'bull' and 'bear' when you really mean 'HPCer' (Those who want a housing crash) and 'HPIer (Those who want a housing boom)'. :rolleyes:

Ta.

p.s. The savers and debtors part is simply a reflection of !!!!!!'s own warped idea of home owners as indebted idiots with zero savings and investments. I wonder when he buys his own home he will think the same?