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How panic-y have you got ?

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Comments

  • Pagg
    Pagg Posts: 85 Forumite
    But won't the market just do again what it did in the last few days, in anticipation of a Fed raise? Hard to justify an increase when the market is heading south.
  • talexuser
    talexuser Posts: 3,540 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    That implication is that rates can't rise because of fear of markets falling. Rates will rise when authorities reckon banks have refinanced themselves safely, the problem is that meanwhile debt has mushroomed alarmingly since the crash to provide the semi-command economy growth.
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    edited 21 September 2015 at 10:17AM
    According to Shelter, Osborne's 'Help to Buy' has increased the average house price by over £8k.
    Its also increased the taxpayer's debts. With Britain and America's frightening level of debt, and Britain's dependence on high house prices to avoid negative equity, its hard to see either raising interest rates of their own volition. Just talking of it but putting it off as long as they can, as they have been doing for several years now.
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • Here we go again.
  • dunstonh
    dunstonh Posts: 120,150 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Here we go again.

    Thats the spirit.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • Freecall
    Freecall Posts: 1,337 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    dunstonh wrote: »
    Thats the spirit.

    Thinking of spirits (particularly those that come in a bottle), don't forget the Santa rally is just around the corner.

    As Monty Python says, always look on the bright side....

    :beer:
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    talexuser wrote: »
    That implication is that rates can't rise because of fear of markets falling. Rates will rise when authorities reckon banks have refinanced themselves safely, the problem is that meanwhile debt has mushroomed alarmingly since the crash to provide the semi-command economy growth.

    Interest rates aren't dependent just on central banks. At a point the market may well start to adjust.
  • Here we go again.

    Apologies if this has been asked before - it was meant to be a thread about moments of panic in the past, not about if it time to panic now :)
  • cisamcgu wrote: »
    Apologies if this has been asked before - it was meant to be a thread about moments of panic in the past, not about if it time to panic now :)


    The moment referred to is indeed now in the past. 3.5% daily swings in europe and similar in the UK. Ugly numbers.
  • Herbalus
    Herbalus Posts: 2,634 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    I started 'investing' (workplace pension into passive global equities) in April this year. My employer has a handy little app that shows the price, and it's tanked quite considerably since April. Psychologically it's irritating, as the pension I can access in 40 years is losing value, even though logically it means this month's contribution buys more than last months :)
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