spot on ! over valued for 30 years! would you believe it! As I said take out Carney and Yellen differing interest rate projections and you will get to between $1.25 and $1.30. but hey I have just about seen 1 for 1 as I have 2 for 1.
we have mentioned the fact that the EU is a vehicle for Germany on this Board on numerous occasions. It seems that the Donald shares our view or has been reading our musings to get up to speed with what matters. lol On an aside I thought the Hannibal Lechter picture nalogy in the weekend press was a bit harsh ( funny nonetheless tho)
That was media spin calisto that you choose to believe. In truth LLOY just couldn't resist a once in lifetime HBOS offer - that would never be allowed by the monopolies commission in normal times. The £/$ is at a 30 year low. So it's been overvalued for 30 years,,, lo! Cheers/ATB
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