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FTSE100 to break through the 7000 barrier?

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Comments

  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Crashy_Time wrote: »
    Well I`m going to stick my neck out again and say that there is definitely going to be a house price crash in Aberdeen, just like the 80`s one, but much much worse due to all the excessive leverage.


    Make that two.
  • kinger101
    kinger101 Posts: 6,627 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Crashy_Time wrote: »
    Make that two.

    Even a stopped clock....
    "Real knowledge is to know the extent of one's ignorance" - Confucius
  • luvpump
    luvpump Posts: 1,621 Forumite
    Part of the Furniture Combo Breaker
    So that's 25% less than the ftse's high. ! Probably a dead cat bounce tomorrow but perhaps the world is entering a recession as more and more are saying
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    luvpump wrote: »
    So that's 25% less than the ftse's high. ! Probably a dead cat bounce tomorrow but perhaps the world is entering a recession as more and more are saying

    Maybe. If so it's not showing up in stats like the PMI. Unemployment and employment data are looking pretty healthy too.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Generali wrote: »
    Maybe. If so it's not showing up in stats like the PMI. Unemployment and employment data are looking pretty healthy too.

    Generali what's your view on Deutsche bank? Something definately is awry and appears to have many people spooked.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Generali wrote: »
    Maybe. If so it's not showing up in stats like the PMI. Unemployment and employment data are looking pretty healthy too.

    Did the last recession show up in the stats?

    Genuine question as I don't know. All I do know is that it came as a surprise to most. The triggers that were involved last time around seem to be building up again today looking at debt levels etc.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Graham_Devon wrote: »
    Did the last recession show up in the stats?

    Genuine question as I don't know. All I do know is that it came as a surprise to most. The triggers that were involved last time around seem to be building up again today looking at debt levels etc.

    China is not a free economy. It is controlled by the state. Propping up the yuan appears to be creating global instability. UK steel mill closures being the impact closer to home. Interesting times again.
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