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Debate House Prices


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A not taking the micky thread....

1984ReturnsForReal_2
1984ReturnsForReal_2 Posts: 15,431 Forumite
in Debate House Prices & the Economy
Havent been anywhere near the TV on net to day to see the news but just noticed the markets took a hammering today.

Can anyone please tell me why?

Surely Setanta was good news... Apart from to Setanta, BT, anyone that bought a box & the staff of course...
Not Again
«13

Comments

  • tomterm8
    tomterm8 Posts: 5,892
    Part of the Furniture Combo Breaker
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    There isn't any rhyme or reason to it, 1984. It's just random profit taking.
    “The ideas of debtor and creditor as to what constitutes a good time never coincide.”
    ― P.G. Wodehouse, Love Among the Chickens
  • Graham_Devon
    Graham_Devon Posts: 58,560
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    The world bank let out a report that wasn't as rosy as some would like, seems people have been taking too much notice of green shoots, and this report goes against that in the main, with a more conservative view on the economy....mainly that its in no way over.

    Also, oil is now falling, as well as other commodities that have been pushed up by speculators.
  • mewbie_2
    mewbie_2 Posts: 6,058
    1,000 Posts Combo Breaker
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    Oh yes. All hail the MSE market expert. Could it be this, he asked in an all knowing confident sort of way.

    Link is some report on emerging markets not being so good.

    http://news.bbc.co.uk/1/hi/business/8112120.stm

    And they are where a lot of the money has been going as appetite for risk was rediscovered after the lows a few months ago.

    I know I'm going to get shot down in flames. But at least until I press send I can enjoy the moment.
  • Graham_Devon
    Graham_Devon Posts: 58,560
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    mewbie wrote: »
    Oh yes. All hail the MSE market expert. Could it be this, he asked in an all knowing confident sort of way.

    Link is some report on emerging markets not being so good.

    http://news.bbc.co.uk/1/hi/business/8112120.stm

    And they are where a lot of the money has been going as appetite for risk was rediscovered after the lows a few months ago.

    I know I'm going to get shot down in flames. But at least until I press send I can enjoy the moment.

    Pssssst...

    http://news.bbc.co.uk/1/hi/business/8113619.stm

    :D
  • mewbie_2
    mewbie_2 Posts: 6,058
    1,000 Posts Combo Breaker
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    Graham_Devon wrote: »
    Pssssst...

    http://news.bbc.co.uk/1/hi/business/8113619.stm

    :D
    ...caused by my earlier lack of growth link.. cause and effect Graham.. cause and effect.
  • 1echidna
    1echidna Posts: 23,086 Forumite
    In a way low oil prices are a good thing. Have to be thankful that their is no bad news of the type when we had banks on the brink of collapse, but if stocks fall on relatively minor bad news what will happen if the sh*t really hits the fan and gov'ts default on their debts - or are the markets preparing themselves for this.
  • Graham_Devon
    Graham_Devon Posts: 58,560
    Part of the Furniture 10,000 Posts Combo Breaker
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    1echidna wrote: »
    In a way low oil prices are a good thing. Have to be thankful that their is no bad news of the type when we had banks on the brink of collapse, but if stocks fall on relatively minor bad news what will happen if the sh*t really hits the fan and gov'ts default on their debts - or are the markets preparing themselves for this.

    Doubt west bromwich would agree!
  • 1echidna
    1echidna Posts: 23,086 Forumite
    Graham_Devon wrote: »
    Doubt west bromwich would agree!

    What has suddenly happened in West Bromich? Car industry suffering but has been going on for some time, what is worse about this past week than before?
  • Graham_Devon
    Graham_Devon Posts: 58,560
    Part of the Furniture 10,000 Posts Combo Breaker
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    1echidna wrote: »
    What has suddenly happened in West Bromich? Car industry suffering but has been going on for some time, what is worse about this past week than before?

    Said with such innocence!
  • DiggerUK
    DiggerUK Posts: 4,992
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Forumite
    1984,
    If you had bothered to listen to the guru on the TV you would have the answer you seek.

    If you spent all your day at work, working, instead of skiving then you would have known what the guru on the net was saying as well.

    No time for people like you.
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