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Why did the markets go up so much?

124

Comments

  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    JohnRo wrote: »
    US jobs data?

    The FTSE was forecast to open 100 up, which it did and some, and the US jobs data didn't come out until later in the day.

    I hadn't invested our fresh S&S ISA cash expecting a major wobble when the results came out, which in retrospect wasn't right, but you call it on what you see. I've now done a lot of it, but still haven't bought my UK or bond allocations as I'm sure May and June will throw up better opportunities.
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    gadgetmind wrote: »
    I hadn't invested our fresh S&S ISA cash expecting a major wobble when the results came out, which in retrospect wasn't right, but you call it on what you see.

    Actually you were right in that the FTSE fell on the election result compared to the rest of Europe
    Tories are usually good for business, but this lot bring a referendum on Europe - not good for UK shares, and more borrowing to fund their obsessive housing market interventions - good for landlords like themselves but not much else.
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • margaretclare
    margaretclare Posts: 10,789 Forumite
    I think the markets dislike uncertainty. Once the results were announced they knew what they were getting.

    They also like optimism rather than gloom and doom.
    [FONT=Times New Roman, serif]Æ[/FONT]r ic wisdom funde, [FONT=Times New Roman, serif]æ[/FONT]r wear[FONT=Times New Roman, serif]ð[/FONT] ic eald.
    Before I found wisdom, I became old.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Glen_Clark wrote: »
    good for landlords like themselves but not much else.

    Only Tories own property to let? I suspect not. Stereotyping is best avoided.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    margaretclare wrote: »
    I think the markets dislike uncertainty. Once the results were announced they knew what they were getting.

    They also like optimism rather than gloom and doom.

    Uncertainty remains. Unresolved matters within the EU itself are currently more of interest.
  • 2010
    2010 Posts: 5,513 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    kittie wrote: »
    It was a relief rally

    True, relief that the two clowns,Miliband and Balls, who along with Gordon Brown, who wrecked the economy in 2008, are no longer around.
  • inflationbuster
    inflationbuster Posts: 254 Forumite
    Tenth Anniversary 100 Posts Name Dropper Combo Breaker
    Glen_Clark wrote: »
    as long as you ignore the doubling of the National Debt, and count rent increases as GDP growth instead of inflation

    On an investment board the national debt does not matter.
  • JohnRo
    JohnRo Posts: 2,887 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    2010 wrote: »
    ...Gordon Brown, who wrecked the economy in 2008, are no longer around.

    Only the most hopelessly deluded would believe that.
    'We don't need to be smarter than the rest; we need to be more disciplined than the rest.' - WB
  • Kendall80
    Kendall80 Posts: 965 Forumite
    Ninth Anniversary 500 Posts Name Dropper
    2010 wrote: »
    True, relief that the two clowns,Miliband and Balls, who along with Gordon Brown, who wrecked the economy in 2008, are no longer around.


    I'd be interested to know what influence Gordon Brown had on Lehmans.
  • JohnRo
    JohnRo Posts: 2,887 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    Kendall80 wrote: »
    I'd be interested to know what influence Gordon Brown had on Lehmans.

    Isn't it obvious, he was clearly the architect of the monumental sub prime fraud committed by the rapacous TBTF global banking cabal and the subsequent printing and price fixing ever since by their central politburo backers.

    A devilishly omnipotent mastermind.. or something.
    'We don't need to be smarter than the rest; we need to be more disciplined than the rest.' - WB
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