You may be right about the markets and, of course, you are entitled to view as you see fit in EU issue.
But that doesn't deter me from enquiring why you want to vote to come out?
Long before the vote was announced I had worked out for myself how coming out of the EU will be a short- to medium-term financial catastrophe, allied with no proof at all it will be any good for the country long-term.
Hence, I have been pleased to hear that the following (among many other big-hitters) have publicly stated the same as I have long thought, namely it would be a major, major mistake to leave:
The Government Labour Party, BOE IMF CBI Lloyds Bank themselves The United States Central European Bank etc etc
Those wanting to leave seem to be often represented by Boris 'EU is like Hitler' Johnston. I'd say that buffon pales into nothing compared to my 'Remain' list.
The Remain list surely all know better than us, so why would anyone think they know better than them in voting for Brexit?
Where I live there seems to be a good number of people who feel immigration is the main issue BUT this amazes me. The area (North Notts, South Yorks) is highly predominantly white UK and so why a significant number of the populace are so bothered by an issue that doesn't really affect them beats me.
What really annoys me, though, is how terribly ignorant of economics this populace are. They are simply unable to see how small an issue immigration really is compared to the massive economic disadvantages of leaving EU. I sometimes think they still see GB as a major world power who everyone follows. We are not.
Like it or not, economically we part of Europe and have been for a long, long while.
But, fleccy, you clearly must know more about economics than much of the population in my area because you are writing on a share market forum.
Hence, I am genuinely interested to know why, in the face of so much opinion to the contrary, you favour a Brexit?
If you fear a market reversal, why would you want to make it much worse by voting to come out?
I'm voting out personally, but that's just my view. What i'm really hoping for is lots of uncertainty leading up to the referendum, so that I can jump back into the market at a lower price point. The markets are getting ahead of themselves and it's beginning to feel like a re-run of last year. My spidey sense is tingling and my crystal ball is showing some red in the future. If the market doesn't go down pre referendum, my view is that something will happen post referendum to drive the markets lower. I think that markets are going south again later this year, whatever happens with the EU referendum. I know many will disagree with me.
That article is written by someone who doesn't fully understand how betting markets actually work - putting this aside, it is clear to me that "remain" will win the day...on the ballot day more will be swayed by the way it affects their (and close families) pockets and few would doubt that in the S-T a Brexit would result in a loss of confidence, uncertainty (the leave campaign don't know what will happen IF we did vote out) and have now moved to immigration as they have lost the economic argument. ATB, Scfc
Good to hear from you! How are you keeping these days? I hope your end of year prediction is right. I kept with 74p again. So no movement needed from here! Don't have many lloy now all in property and our coble, although I bought a few 3 weeks ago which will be sold soon lol
Yes perhaps, the fact they closed it above the resistance is hopefully a sign that they are moving it up over the coming days. Would be odd for them to break the resistance on the close and move it back down but who knows?
Interim results are not far away where another divi will be declared so here is hoping!
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