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A cold breeze up the kilt for Hamish
Comments
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the economic fundamentals.
The static-bear's favorite line.
Which fundamentals would these be then?
The only fundamental that really counts in market direction is Human will.
Honestly there is so mmuch wealth around now, it astounds me. Come and sit with me for a day and I'll show you. Just ordinary London folk with so much asset wealth.0 -
To quote a very sick joke.
"9 out of 10 people enjoy gang rape"
I find it sick to think that people like Hamish wallow in others misery and actively enjoy people not having the same chances as they have. What a negative minded and nasty indiviual.0 -
The only fundamental that really counts in market direction is Human will.
Honestly there is so mmuch wealth around now, it astounds me. Come and sit with me for a day and I'll show you. Just ordinary London folk with so much asset wealth.
What about families? Families starting out, without asset wealth.
How are they fairing?0 -
HAMISH_MCTAVISH wrote: »
Capital Economics are without a doubt the WORST forecasters in UK housing history.
Remember the game is still in play, so "it's not over till the fat lady sings".0 -
And these people are considerd experts lol0
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Thrugelmir wrote: »Remember the game is still in play, so "it's not over till the fat lady sings".
So when does she sing???0 -
To quote a very sick joke.
"9 out of 10 people enjoy gang rape"
I find it sick to think that people like Hamish wallow in others misery and actively enjoy people not having the same chances as they have. What a negative minded and nasty indiviual.
Whereas you would like negative equity, defaulting mortgages and people thrown out onto the streets so house prices crash :eek:'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
HAMISH_MCTAVISH wrote: »Wow, what a surprising prediction from Capital Economics.
Remind me again, how much did they predict the housing market would fall this year?
Wasn't it 20% or so?
I bet it really sticks in their throat that the most accurate prediction for this year came from Stuart Law at Assetz management.
And from the article....
No kidding.....
Capital Economics did get it wrong. They made the mistake of applying rational economic theory whilst Gordon Brown was at the helm. They underestimated Gordon's determination to sustain the bubble. We now have interest rates at their lowest level for 300 years and massive levels of quantitative easing. Capital Economics never reckoned on Gordon putting a match to the balloon canopy to keep it aloft.
As it happens, I belief Capital Economics have got it wrong again. They have underestimated the falls. We are heading for a sterling crisis and when that happens, interest rates will take off. Markets get their own way in the end.0 -
Thrugelmir wrote: »Remember the game is still in play, so "it's not over till the fat lady sings".
Honestly Thrugelmir, had they just flipped a coin they could have been right half the time.
As it stands, they have been right for not one of the seven years they have made a prediction.
Not even one!!!!!!
I mean, really, how bad do you have to be to get it so spectaculary wrong so consistently?“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
Thrugelmir wrote: »Remember the game is still in play, so "it's not over till the fat lady sings".
Even if it crashes 50% they will still be wrong'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0
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