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Why are the stock markets so stable right now?
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Among the world's top-4 biggest developed economies -- US / Jp / Ger / UK -- the UK is outgrowing all of them, today, right now, as we speak.
See above. The BoE this century has an appalling forecasting record. Simply cannot believe anyone takes the BoE seriously anymore.
Many others are also noticing the same BoE pattern...
https://www.telegraph.co.uk/business/2022/08/07/governor-andrew-baileys-catastrophism-control/
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Didn't it fall the most recently too, so it's more of a bounce back from a lower level? That said, growth since Q4 2019 is still higher than Japan & Germany (though extremely low in all cases: 0.7 vs -0.6 and -0.9 respectively).Millyonare said:Among the world's top-4 biggest developed economies -- US / Jp / Ger / UK -- the UK is outgrowing all of them, today, right now, as we speak.
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The IMF and OECD both put the UK second only to Canada for GDP growth in 2022:
However, as InvestorJones mentions, this needs to be taken in context with the UK suffering the largest fall in GDP of the G7 during the pandemic.The IMF shares the BoE's gloomy outlook for 2023, but note this forecast looks pretty bad for most countries.0 -
When I heard that the BOE were predicting a recession it made me think that they are actually trying to start one in order to reduce inflation.Think first of your goal, then make it happen!0
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Or avoid one by trashing the economy so much in one quarter, it overshoots and grows a little in the next.barnstar2077 said:When I heard that the BOE were predicting a recession it made me think that they are actually trying to start one in order to reduce inflation.
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The calm before the storm, I would be surprised if there wasnt a significant drop after winter effects1
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Don't you think that the markets are already thinking that same way?Futuristic said:The calm before the storm, I would be surprised if there wasnt a significant drop after winter effectsI 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.1
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