Standard Life suspends trading in UK property fund

Thrugelmir

DiggerUK wrote: »

The concept is very easy to grasp, I just find it difficult to figure out why hard earned money, is willingly put in harms way like this by investors..._

Some will see it as opportunity to buy as panic will no doubt set in. Majority of investors are like a herd of buffaloes. Once the stampede sets in they lose all rationality, i.e. why they invested in the first place.

DiggerUK

mwpt wrote: »

Commercial property and the listed builders are taking a massive beating following Brexit vote..

Problems following Brexit are a false flag. Bremain would not have changed anything..._

lisyloo

DiggerUK wrote: »

Problems following Brexit are a false flag. Bremain would not have changed anything..._

So you think sterling would have fallen to a 31 year low if we'd all voted for the status quo?

Thrugelmir

lisyloo wrote: »

So you think sterling would have fallen to a 31 year low if we'd all voted for the status quo?

Doesn't alter the fact that the UK collectively is massively in debt and running a near record current account deficit. While not an immediate problem. Would have eventually caused issues.

DiggerUK

lisyloo wrote: »

So you think sterling would have fallen to a 31 year low if we'd all voted for the status quo?

Yes, along with all other economic problems. World markets are in a tiswas because the gorilla has not left the room, let alone the building.
A referendum in the UK hasn't caused the problems we see, they already existed.

They may have rekindled a boom with QE and/or low interest rates, but no state has solved the crisis. Money has little value, as witnessed by how little it can be 'leased' for. Pesh poor interest rates for savers, and more and more negative rates for those buying government bonds..._

Kohoutek

DiggerUK wrote: »

Yes, along with all other economic problems. World markets are in a tiswas because the gorilla has not left the room, let alone the building.
A referendum in the UK hasn't caused the problems we see, they already existed.

Are you saying that the GBPUSD crash and problems in the commercial property investment market are not a result of Brexit?

DiggerUK

I didn't spoil my ballot paper because I suddenly came over all anarchistic, the whole process was a farce. Nobody touched on the economic crisis that has not been dealt with. The result either way would not have stopped what is happening now.
Both sides played the project fear card, and both in their own way we're right. Problem is that none of them has a clue what to do now.

And hey presto, all of a sudden Osborne no longer screams austerity. Best strap down tight, rides gonna be interesting......seems Alton Towers were the cheapest bidder to turn the roller coaster economy round..._

CLAPTON

Kohoutek wrote: »

Are you saying that the GBPUSD crash and problems in the commercial property investment market are not a result of Brexit?

probably so
but is that good news or bad news?

DiggerUK

CLAPTON wrote: »

.....but is that good news or bad news?

For now it's just news, let's see how it pans out.
p.s., anybody know when the new norm arrives..._

Kohoutek

CLAPTON wrote: »

probably so
but is that good news or bad news?

Both suggest that the market expectation is lower investment into the UK, so I would say bad news.

But I'm sure people who voted to Leave can somehow say it's good news.