Debate House Prices


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Base rate tommorow?

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13

Comments

  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    wotsthat wrote: »
    Media speculation. Something big might be coming - just not today.

    I think you might be right.






    Just don't expect good news.
    Why are we here?......................because we are not all there.
  • worldtraveller
    worldtraveller Posts: 14,013 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    worldtraveller wrote: »
    Yup, now spiked up to 6.92%

    Make that 7.01% now.
    There is a pleasure in the pathless woods, There is a rapture on the lonely shore, There is society, where none intrudes, By the deep sea, and music in its roar: I love not man the less, but Nature more...
  • RenovationMan
    RenovationMan Posts: 4,227 Forumite
    I can't see any sort of change in base rates for the remainder of this year and well into the next. Nothing to see here, move along.
  • purch
    purch Posts: 9,865 Forumite
    shortchanged wrote: »

    Let's face it they haven't got a clue what to do about the Euro crisis in the medium to long term.

    ...........or short :eek:
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    edited 2 August 2012 at 3:26PM
    purch wrote: »
    ...........or short :eek:

    :rotfl:very true.

    However in the ultra short term a little announcement with no sort of clarity seems to gets the markets briefly excited from time to time.
    Why are we here?......................because we are not all there.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    worldtraveller wrote: »
    Yup, now spiked up to 6.92%

    7.10 now.

    In my view, this is one of the worst buying of time tactics we have yet seen from the Euro. At least theres normally something. But to make an announcement, with words used purposely to suggest big plans are afoot....only to get to the day of announcement and state the same again is gross negligence at best.

    Best can kicking we have seen yet too. Sheer brilliance in that respect.

    Mind....having said that....the markets and investors fell for it. Maybe it's time a lesson was learnt.
  • Mrs_Bones
    Mrs_Bones Posts: 15,524 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    shortchanged wrote: »
    :rotfl:very true.

    However in the ultra short term a little announcement with no sort of clarity seems to gets the markets briefly excited from time to time.

    Yes the markets people seem to be very simple creatures. It does not seem to take much at all to make them happy and excited. I always use to assume that the markets were run by people with some semblance of intelligence. I think I'm beginning to revise that judgement.

    If people on this forum can pick holes in announcements made by the EU bods and accurately predict that nothing significant will happen or that the any of the summit plans will stand up to scrutiny within minutes of them being announced. Why can't the markets?
    [FONT=&quot]“I've learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel.” ~ Maya Angelou[/FONT][FONT=&quot][/FONT]
  • ILW
    ILW Posts: 18,333 Forumite
    Mrs_Bones wrote: »
    Yes the markets people seem to be very simple creatures. It does not seem to take much at all to make them happy and excited. I always use to assume that the markets were run by people with some semblance of intelligence. I think I'm beginning to revise that judgement.

    If people on this forum can pick holes in announcements made by the EU bods and accurately predict that nothing significant will happen or that the any of the summit plans will stand up to scrutiny within minutes of them being announced. Why can't the markets?

    The thing is that the market sare not "run" by anybody. It is more of a herd or mob type thing.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Love it. One media outlet reports "TThe ECB announced a grand plan to announce a plan.....and came up with a plan to announce a plan".
  • michaels
    michaels Posts: 29,085 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Just think about how much money you could have made had you known in advance firstly that Monti was going to announce the ECB would save the Euro and then a week later announce 'only joking'....I'm not accusing anyone of anything, only saying...
    I think....
This discussion has been closed.
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