Couldn't agree more,geopolitical events happening in the world just adds that extra ingredient to an already over cooked broth of uncertainty in global markets...Strange days indeed... :)
I see NO stability - anywhere. Either in Barc itself or, perhaps more importantly, in the wider markets. Of course that's what makes the markets so 'tradeable' (for those that do) currently.
That is a bit of an 'iffy' conclusion. I would venture a suggestion that liquidity is drying up, and bond prices diverging with equities. This is a schizophrenic market. It doesn't know where it is going, and a lot of people are positioning for a correction or retrace of some sort. This is what happens when QE and low interest rates and endless government meddling cause distortions that no one really sees how they will play out. There is a 'feeling' that something will snap. But will it snap? Governments are manipulating prices some assets classes (gold, for example to validate QE) and oil (to harm Russia). It's difficult to see through any of this. Governor Carney can't make his mind up, and Yellen seems bemused. Well, that's because they don't really understand what is happening to the economy. When government celebrate a return to growth yet central banks afraid to raise interest rates, and government bonds are dipping into negative territory, something is awry. Good luck.
You need good stability on which to start a recovery.Barc seems to have that now £2 held and now holding at£2.20 is a good sign for new money.
Sign of the times,the board is just like the share price totally in the doldrums...One can only hope for some kind of catalyst to start to drive the sp forward...In the meantime patience is a virtue what ever your position ! GLA :)
Caution With RBS Comparisons
Just a word of caution regarding comparisons of RBS with Barclays; "only" around 20% of RBS is represented by shareholders other than the UK government whereas the shareholders in Barclays hold it all (and the risk). This does have a "traditional" skewing effect on the shareprice (where only a minority fraction of any share is "available") but where the government are still effectively backing the share this is skewed even further. Secondly the shareprice of RBS looks falsely similar to Barclays because of the "10 for 1" re-issue of its shares. The point being that at 2.20 Barclays is around a third of it's top price pre-crisis but RBS, when looked at as being at an effective 36 pence, is around one-fourteenth of its pre-crash high. Now I accept that where new money has been spent on RBS at the new level the fluctuations since the date of "10 for 1" is very relevant. However, those who are long term holders of RBS (and there are many private and institutional holders) they are still sitting on a share value which is massively underwater.
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