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FTSE down over 4%
Graham_Devon
Posts: 58,560 Forumite
Currently.
On the back of the FED warning about the state of banks and the general economy, and the US decision to provide more stimulus.
Seems I'm the only one on the forum today too! Could see the biggest daily decline in the FTSE for a good few years today if this keeps up.
On the back of the FED warning about the state of banks and the general economy, and the US decision to provide more stimulus.
Seems I'm the only one on the forum today too! Could see the biggest daily decline in the FTSE for a good few years today if this keeps up.
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Comments
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Let's see how long it is before someone mentions that pension funds will be affected as well as other investors ........"The problem with quotes on the internet is that you never know whether they are genuine or not" -
Albert Einstein0 -
Ah, but prices falling is good news, read it on here so must be true.;)0
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Still dropping too...
It was areally great idea of the Fed to 'Twist', wasn't it ....
:eek:0 -
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In "real" terms, compared to FTSE, my houses have gone up a considerable amount today already.0
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Monday headline - Footsie down on fears of Greek default
Tuesday headline - Footise up on hopes of Fed stimulus
So was the default more likely on Monday than Tuesday? Was the stimulus more likely on Tuesday than Monday? Or has the market got the attention span of a demented goldfish and can only think of one thing at a time?"It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0 -
Graham_Devon wrote: »
On the back of the FED warning about the state of banks and the general economy, and the US decision to provide more stimulus.
Wrong reason - it was because I decided to invest my SIPP cash yesterday.
For a small fee I'm happy to stay in cash. Every time I buy the market plunges - sorry!0 -
Graham_Devon wrote: »That's a pretty good attempt.
Shame its so lame.
Oh, I like the new hard Masterful Graham.
Are you eating Ready brek in the mornings?0 -
Seems the pound is just about to hit a 12m low against the dollar too.0
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Graham_Devon wrote: »Seems the pound is just about to hit a 12m low against the dollar too.
Is it bellow 1.54? it was in Dec 2010.0
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