This place has gone very quiet at week end, a good sign. Next week one thing less to worry about is Chinese market, Apparently closed for their New Year. Let us wish the Chinese Traders and Sids the very best in their New year 2016, the year of Monkey. The week gone was less painful than the preceeding weeks , particularly the January period was a nightmare.Will LLOY move up? Barclays have their hands on the HMG holdings, will they have better luck than MS who did a good job.selling to IIs. How long will GO have to wait to print the SID prospectus ? not less than 6 months I believe. What will happen to the oil prices, has it bottomed yet? likely ! GLA
Give them a break, they are short staff there and only have five lads on HMG re training scheme ( or is it witness protection - not sure ) there by the names of Hornby, Goodwin, Crosby Applegarth and Flowers and they lack experience and competence at the moment hence the contracting out ..
Anyone know where I can apply for a job here?? Must be the easiest job ever. They don't actually manage anything, they just employ other companies to do it. On which note, how can Barclays be appointed to manage the sale of lloyds? Conflict of interest comes to mind. And why can't lloyds manage its own sale? Or, better still, just scrap SID, scrap the divis, and buy back from UKFI at these stupid prices!
The most interesting aspect of the news today was the increase in salaries of 2.7% off the top of my head ... With respect to newspaper comments ... Best to ignore while noting that the MMs want news to be contra their positions ... So no doubt feed crap to the journos ...
Poor job numbers imply no increase in US rates but if wages beat expectations ... Then load up on silver ...
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