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So What's Happened???
Comments
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Flock if you really do want to worry have a look at the increasing Euro unemployment. Even Germany is suffering. And as the Italian leader points out the massive youth unemployment is not just an economic concern.
Since the Euro had a bonding session and agreed that "we are all in this together" - thank god the UK isn't
we have not seen massive market reactions to Euro breakup noise. But it isn't long ago we saw them. As no basic EURO problems (like it doesn't work) have been resolved it will not be long me thinks :eek:
Of course for the long term investor it will be a buying opportunity but for those who can't take those red numbers it could be a sell low/buy high disaster. Are you ready? :beer:I believe past performance is a good guide to future performance :beer:0 -
London follows what NYSE does and today`s futures show Wall St will open down, hence the Ftse is down here.
U.S. stock futures pointed to a lower open on Friday, as markets awaited the release of U.S. economic reports later in the day, amid uncertainty over the future of the Federal Reserve's stimulus program.
Ahead of the open, the Dow Jones Industrial Average futures pointed to a 0.61% decline, S&P 500 futures signaled a 0.66% loss, while the Nasdaq 100 futures indicated a 0.69% decline.
Bizarre really.
Makes you wonder why Joe Public, as minnows, try and swim with the Barracudas and Sharks."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
A_Flock_Of_Sheep wrote: »Its quite odd because when you look at the FTSE from 1983/84 it seems there is a constant gradual rise in value. Then you seem to hit a period of mass turmoil. The dot com bubble and bank crisis. What was happening in 1983/84 to create such a smoother ride?
'80 to '97 - good Government
'97 to 2010 - incompetent Government
how does that fit the chart?The questions that get the best answers are the questions that give most detail....0 -
"If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
'80 to '97 - good Government
'97 to 2010 - incompetent Government
how does that fit the chart?
wasn't it the same Gordon Brown f*cking up the economy through to 2010?
(Then Osborne finishing it off with his interest free loans on £600k sub prime mortgages)“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair0 -
Yeah, thank god we didn't have the Euro - we would have missed our 20+% currency devaluationSince the Euro had a bonding session and agreed that "we are all in this together" - thank god the UK isn't “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair0 -
Glen_Clark wrote: »Yeah, thank god we didn't have the Euro - we would have missed our 20+% currency devaluation
You make a very good point, but then maybe our austerity would have to be the scale of Spain or Ireland and our debt would be paying off Greece...?0 -
Maybe this is sell in May and Fly away. Although I am keen and a new investor I just think of the awful time everyone had back in 07/08 during the financial crisis that left a huge gulf in the markets.
weren't you just saying yesterday you wanted the markets to fall?0 -
A_Flock_Of_Sheep wrote: »Its quite odd because when you look at the FTSE from 1983/84 it seems there is a constant gradual rise in value. Then you seem to hit a period of mass turmoil. The dot com bubble and bank crisis. What was happening in 1983/84 to create such a smoother ride?
The index consists of a varying basket of shares. As changes every quarter.
Focus on the underlying companies as that's what investing is about. Not a notional index which is at best only fit for benchmarking.0
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