Massive anti climax this tapering. I remember panicking about it around 8 months ago when the FED decided to stop QE. But it has passed very very smoothly without spooking the markets. Well done the USA, you handled that beautifully. And to prove it, QE comes to an end soon and the DOW is at an all time high? Having said all that and as alluded to by someone else - QE will not end inthe US!! It will (and has been) be fed in through the back door to industry as and when it is needed. The US is just as precarious an economy as Europe is. Nothing will be allowed to jeapordise it either!
Scotland: Oh Scotland - what have you done. The genie is out of the bag and even after the dust has settled on a new or old nation - the fact remains that 50% of the electorate will be disgruntled forever. This can only ever have a corrosive effect for years and years to come. Markest seem to sense that they will stay within the union - and the FTSE reflects this. Common sense prevails for once (hopefully). Salmonds position will be untenable and he will do a Gordon Brown after this - and hopefully start a B and B in some croft somewhere in the Outer Hebrides! His lasting epitaph however is that it has shaken the foundations of this GB union which could form the basis of significant changes for years to come..................
Kingfishers picking out the minnow and sticklebacks, it reminds me of when I lived close to the river Mole in Surrey, now I just watch the heron picking out the goldfish,
I wondered if you might have some bagpipes for sale, and if they would scare off the Heron if I played them a couple of times a day, or do you think people would think me strange walking around the garden with them.
be lucky I have been trading in the background and lloy never fail, I expect bluesky will come back with his charts when the share hits 80p, he will get it right in the end no doubt.
I'm afraid that whatever the outcome of the referendum that the union is now finished.
If there's a No vote then the "promised new powers" signed off by the 3 stooges will need to be ratified through parliament which realistically is not going to happen and will cause an almighty fight in the commons.
So what then ?
Force through the Devo max powers for Scotland and you face an almighty backlash from the English voters but renege on the promises and the SNP will take complete control at the General election and force through independence.
Very difficult situation that they've got themselves into and it's really just a Win / Win for Scotland....................
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