Well I guess thats what the markets think of Truss as PM
or is it just my portfolio
Let me fix that for you
“here is what the market thinks about everything except the dollar”
I think a ridiculous Prime Minister has been priced in for a long time now, years in fact ![]()
FRANKFURT, Sept 8 (Reuters) - The European Central Bank raised its key interest rates by an unprecedented 75 basis points on Thursday and signalled further hikes, prioritising the fight against inflation even as the bloc’s economy is heading for a likely winter recession.
Base case for ECB is no recession.
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Why wouldn’t other countries now look to nationlize Western held assets in their country’s borders? If this happens, UK PLC goes for North sea oil, like others to protect itself.
Isn’t insurance paper markets just a glorified bookies (to hedge against risk of degenerative moves) but if that all happens at once, the house can get cleared out?
Thanks for the update. Would like to get the cash, but don’t know which stocks I’m going to buy yet. Anyone else expecting the market to take a downturn in September and waiting for some bargain stocks?
Iv no idea what to buy anymore tbh. I imagine I will just hold tight for a while and see what the next few months bring.
Hopefully some sort of budget from the government this month and see if that has any impact on anything.
Folks still clinging on to china staying closed and the SPR lasting forever keep keep the cost of carbon down.
USA core inflation still up. Fed is going to have to go haaaaaaard.
Heads up ahead of Monday.
I wouldn’t be surprised to see a 3/4 % rise
Keep pulling the money out I say . ![]()
make the stocks cheap as chips and a bargain to buy
The other side of that is apps need to put prices up to make money and companies struggle to grow or even worse.
Eventually seasoned investors realise that “cheap” needs a definition. Falling stock prices doesn’t make stock “cheap”. Cheap fundamentally has to be looked at in terms of what the business will bring in over the next X years. Many businesses will see reduced revenues after discounting inflation. Many will never recover, some will take ages (if 2000 is anything to go by … 15 years). All the signs are that the market will take a different direction. A new crop of companies will come up through these difficult times. The trick now for stock pickers is to work out what those new unpolished diamonds are.
Yes you are on the money there. Not only will some companies struggle to grow, many won’t be able to tread water. That is why talking about cheap stock is misplaced. People should really re-familiarise themselves with BT’s stock chart since 1990 if they want to understand what we are talking about here.
And everyone who chases dividednt portfolio will see a hammering if things do turn south. Dang bitflip 15 years to recover I should of sold up when we had that rally spent my riches and bought back in at 15 years.
Jokes aside you can see why people sell up as who wants to sit and watch a sea of red for 15 years when banks could be paying you green each year ![]()
15 years to recover, thats 15 years of growth
so buying 15 years ago would have seen a nice profit by now
stands to reason buying at this market crash will see 15 years of profits
Only some came back to where they were after 15 years of lower than average growth. Many disappeared completely. £1 in 2015 was worth something a lot lot less than £1 in 2000.
The market in aggregate though does well over the long term. So if the point is buy the aggregate market … that makes sense.