Boris Bounce to Boost Pension Savings

GSP

BORIS Johnson’s election victory is paving the way for a retirement boost for millions with Britain set for a 2020 stock market boom, it was claimed yesterday.

https://www.express.co.uk/news/politics/1222177/uk-pension-savings-retirement-boris-johnson-general-election-stock-market-boom

[Deleted User]

Noise. To be ignored

k6chris

Deleted_User wrote: »

Noise. To be ignored

When tabloids start getting excited about a coming 'stockmarket boom' it's a really good 'late to the party' indicator and more likely, a coming pullback! Popcorn ready.

GSP

Yes, let's just wait and see.

Zero_Sum

Yeah, its not like the express ever make exaggerated claims

Bravepants

Pumping billions into the stock market for no other reason than "confidence" is fine, until that confidence is subsequently eroded by some random negative event! There is always the next crash or recession waiting around the corner...always!

nick74

k6chris wrote: »

When tabloids start getting excited about a coming 'stockmarket boom' it's a really good 'late to the party' indicator and more likely, a coming pullback! Popcorn ready.

Generally I agree, but in the case of the Express I think it's more a case 'What sensationalist bull**** can we print today to scare a few more of middle England into buying our paper and stop our circulation figures going even further down the toilet.'

davidscot

Zero_Sum wrote: »

Yeah, its not like the express ever make exaggerated claims

Usually about the forthcoming 'weather' event :rotfl:

MaxiRobriguez

The chances of a UK 2020 stock market boom are slim. There's still too many unanswered questions around the path the country will take in regards to trading ties and the chances of a no-deal Brexit that will tank UK assets in the short term is still quite high.

The play for UK at the moment is in it's relative cheapness and good dividend yields. If you're comfortable with added risk to take get that benefit then fine, but absolutely no one should be piling back in to UK assets in expectation for solid capital appreciation. It's just highly unlikely. The more likely scenario is that the best has already happened (the c.5% appreciation since the election).

ffacoffipawb

We just need to be thankful that the Corbynazis have been kicked into touch. We would have had a Corbyn Crash instead of a Boris Bounce due to the 10% share confiscation (theft) and the corporation tax hike.

MaxiRobriguez

ffacoffipawb wrote: »

We just need to be thankful that the Corbynazis have been kicked into touch. We would have had a Corbyn Crash instead of a Boris Bounce due to the 10% share confiscation (theft) and the corporation tax hike.

We're not out of the woods yet from an investment POV.

Corbyn crash may have happened already if he had won, Boris crash is a real possibility still at the tail end of 2020.