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Octobers MPC Decision

135

Comments

  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Shouldn't be a problem for too much longer. I had a 2nd interview at titchy hedge fund yesterday. Went very well.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    You can see the amount of money that's matched. It's the trouble with financial betting on Betfair, the liquidity's lousy so the spreads are huge.

    It should be possible to use it to arbitrage but not until there's more ilquidity.
  • Melissa177
    Melissa177 Posts: 1,727 Forumite
    Was that the one you went to the night we met up? Still thinking about taking the job?
    Errors of opinion may be tolerated where reason is left free to combat it. - Jefferson
  • Guy_Montag
    Guy_Montag Posts: 2,291 Forumite
    1,000 Posts Combo Breaker
    Generali wrote: »
    Shouldn't be a problem for too much longer. I had a 2nd interview at titchy hedge fund yesterday. Went very well.

    Isn't that a kinda joining a sinking ship?:confused:
    "Mrs. Pench, you've won the car contest, would you like a triumph spitfire or 3000 in cash?" He smiled.
    Mrs. Pench took the money. "What will you do with it all? Not that it's any of my business," he giggled.
    "I think I'll become an alcoholic," said Betty.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    It was. I've got no choice, I have to. 50% pay cut (slightly more actually) but I should be independantly wealthy in a few years if it goes to plan.
  • Melissa177
    Melissa177 Posts: 1,727 Forumite
    Generali wrote: »
    You can see the amount of money that's matched. It's the trouble with financial betting on Betfair, the liquidity's lousy so the spreads are huge.

    It should be possible to use it to arbitrage but not until there's more ilquidity.


    Liquity is a problem.

    Have you tried Spreadfair?
    Errors of opinion may be tolerated where reason is left free to combat it. - Jefferson
  • Melissa177
    Melissa177 Posts: 1,727 Forumite
    Generali wrote: »
    It was. I've got no choice, I have to. 50% pay cut (slightly more actually) but I should be independantly wealthy in a few years if it goes to plan.

    Could you find another Big Bank?
    Errors of opinion may be tolerated where reason is left free to combat it. - Jefferson
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Guy_Montag wrote: »
    Isn't that a kinda joining a sinking ship?:confused:

    There are many different types of hedge fund. Not all of them are leveraged plays on the US housing market.

    I found out the other day that many (most???) money market funds that really should be safety first have lots of CDOs/MBSs in them. It'll be interesting if one of those blows up. A great time to be a lawyer.

    "All aboard the gravy train, all stops to Bank"
    Melissa177 wrote: »
    Liquity is a problem.

    Have you tried Spreadfair?

    Nope. Any good?
    Melissa177 wrote: »
    Could you find another Big Bank?

    I'm reasonably happy here. It's just this hedge fund thing dropped into my lap and it's far too good to turn down.
  • free4440273
    free4440273 Posts: 38,438 Forumite
    BofE should hold. It would not surprise me if they cut by .25, given that they have 'given up' on inflation (as far as i'm concerned). Inflation CPI at 1.8 per cent: yeah, right:rotfl:More likely, a cut next month. I would actually raise by .25 this month.
    BLOODBATH IN THE EVENING THEN? :shocked: OR PERHAPS THE AFTERNOON? OR THE MORNING? OH, FORGET THIS MALARKEY!

    THE KILLERS :cool:

    THE PUNISHER :dance: MATURE CHEDDAR ADDICT:cool:
  • Melissa177
    Melissa177 Posts: 1,727 Forumite
    I don't think they should cut - there is no way that CPI is 1.8%. I'll dig out a "Fed up with the Fed" email I got the other day which rants about the FOMC.



    Spreadfair is quite good, Generali - my OH uses it a lot to bet on rugby spreads, it's run by Canters.

    Also, check out Efinancialcareers.com and Cityjobs.co.uk - I know you have to move by May, and these sites are pretty good.
    Errors of opinion may be tolerated where reason is left free to combat it. - Jefferson
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