Referendum result - Predictions

vivatifosi

S&P predicting UK lose AAA rating.

Mistermeaner

Dark times IMO

Try and think positively though. Stock market crashes happen, unless you're about to sell your 100% FTSE holdings just ride it out. I'm 20 years away from that so no worries for now.

Buying foreign equities will be more expensive so bizarrely may make sense to buy more FTSE at least in the short term.

ruggedtoast

The boomers will not be forgiven for this.

michaels

Will be interesting to see how the markets cope, the short term is not about what leave will do to the uk and world economy, it is about the result being unexpected.

BobQ

ruggedtoast wrote: »

The boomers will not be forgiven for this.

Question is will the UK be forgiven for it.

Moby

HornetSaver wrote: »

I don't doubt that.

But a significant chunk of leave supporters will be furious and feel they have been conned, to put it mildly.

Yes it's a sad fact the coming crash will hit most those who have least anyway!

Generali

vivatifosi wrote: »

Sky news trying to find out if market will actually open. No answer as yet.

Reuters have said that it will open as normal. Futures predict an early 9% fall in prices.

Individual stocks are suspended if prices move by 5-25% depending on the liquidity in the stock so you can expect quite a few names to be suspended pretty much as soon as the market opens.

The Nikkei was suspended in the end and lots of exchanges have increased margins (the sum of money you need to put up as security in order to trade derivatives).

chucknorris

Generali wrote: »

Reuters have said that it will open as normal. Futures predict an early 9% fall in prices.

Individual stocks are suspended if prices move by 5-25% depending on the liquidity in the stock so you can expect quite a few names to be suspended pretty much as soon as the market opens.

The Nikkei was suspended in the end and lots of exchanges have increased margins (the sum of money you need to put up as security in order to trade derivatives).

I'm anticipating a 10% fall this morning, but what happens over the next few months I have no feel for at all.

ruggedtoast

Generali wrote: »

Reuters have said that it will open as normal. Futures predict an early 9% fall in prices.

Individual stocks are suspended if prices move by 5-25% depending on the liquidity in the stock so you can expect quite a few names to be suspended pretty much as soon as the market opens.

The Nikkei was suspended in the end and lots of exchanges have increased margins (the sum of money you need to put up as security in order to trade derivatives).

What is Australia saying about this insanity?

Generali

chucknorris wrote: »

I'm anticipating a 10% fall this morning, but what happens over the next few months I have no feel for at all.

You can expect inward investment to come to a halt pretty much. As a result we will be able to see to what extent London house prices have been held aloft by foreign money looking for a safe haven. London isn't looking very safe-haveny at the moment.