Something like mortgage relief has always been around Newchuch i think the government paid the interest on the mortgage after 16 weeks if people were struggling which was nice of them, wont be as widespread as in the days of the 120% mortgage so worry ye not. Shame about the millennium bug... id have loved to have read your gloomy predictions, still all's not lost with A50 just around the corner - happy days.
Unsure what you mean? Do you mean was I on here in 2000? If so, no. I never got into shares until around 8 or 9 years ago now.
I was like many content, to get my reasonable percent interest from the bank, which they could afford to pay by all their mis selling making both them, and I happy.
Another profitable part of their business now gone forever.
IF HMG pressure banks to allow mortgage payers who are struggling 'easy term', at, of course, the shareholders expense, come the Brexit induced pain, just watch the great unwashed jump upon the bandwagon till the axel breaks. As for credit card defaults, I can only imagine who will dip out, and it wont be the CEO or HMG as one, if not both will either be gone or not taking the loss.
A rising tide lifts all boats or so the saying goes . Well we now know there is always an exception and it's currently called Lloyds . The stock selling by HMG is so powerful so as to buck the huge bull market set off by the Donald .
Suf, you will not look a clown. You have your reasons for assuming Lloyds will come good, as, it is a sound normally risk free bank.
Yet the UK is taking such a plunge into the unknown, none of us, even the P.M does not know of what will happen.
So to my thinking the UK economy is really going to suffer, for a long while, and hence so will Lloyds growth.
Other banks can tap into both rises and falls in the market if they have trading arms, whilst we, meantime are like sitting ducks, awaiting the fate of a small country, highly populated, with massive imports, and rising inflation and falling pound.
Just cant see the future for the UK, and thus cojoined Lloyds improving for years.
Until levels of immigration are cut drastically wages have no need to rise, nor rents to level off, impoverishing would be buyers out of the property market.
Personal debt will rise, and those so called struggling, now, when interest rates rise to curb inflation, will start to sink.
I know many feel HMG constant selling is mostly why we never get too high, and of course it has an effect, but, as HMG have been selling for a long while now, way before the 'vote', then to me it is clear others hold my opinions too that it is BREXIT fears curbing Lloyds a decent banks real potential.
Correct - that great myth of manipulating prices to explain when a SP falls against what one believes are strong fundamentals, etc. If you have a direct link to the LSE and get Level 2 data you will see this is all about supply and demand. PS. Don't be misled by the supposed reporting of sells to buys as this is just a guess based on the deal price and mid-price at the time. When the price is falling it is simply because there are more sellers than buyers! ATB, Scfc
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