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On global stage USA powering ahead, jobless rate falling, inflation non existant so no need to raise interest rates. Worry is china and trade. Domestic stage, uk voters have said in same spirit of 52/48 referendum vote, we want con and lab to work together. Imo it will mean Lloyd will stay at current price, only go upwards if stronger political news.
pe and yield do not mean anything for Lloy at moment as it is a fixed and profitable company (just came out from uk government protective measure to stop it from crashing down, most recent set of recessions). So what are the indicators we should look at?
Reports today it has fallen in uk, shop based. Good news in my view as I still believe inflation is the enemy. Did it not bring about the end of world wars 1 and 2. Yet the major nations USA etc... Want it. Must be a reason?
I always thought inflation was bad. not only making most items and services more expensive but also reducing the capital we hold. The true sign of a passed it's date government. Then why is it wanted in the developed world? Will it not trigger interest rate hikes? why is that good for us?
Enter byRead the tealeaves. Far right parties did not win in Spain,voters want stability and prosperity. Government going to remain in Eu. They are not daft. Spanish election shows we should ask how many countries want to join eu stay in trading bloc and why? Lloy not directly effected but what happens in uk will shape its future
Now do you see why I was puzzled. Lloy and its share price reflects the uk economy. USA turning inwards and isolationist not bothered with global economics, Britain no longer Great Britain with its empire. Now the uk has to react to market forces. In my view I has to make wiser decisions and not popular decissions.
Thanks to everyone replying. Wanted to know if change in interest rates would that be the.biggest driver to cause a recession. media reports On equity channels keep on saying we are at the brink of a recession, mild or otherwise.
Does the eu have any say over whether the uk increases, decreases or keeps interest rates the same? If they go up then mortgage holders will suffer and Lloyds has the most mortgage holders. Is this not a worry for the company?
I do not believe the conservatives, labour, snp, liberals and all the other parties or members of parliament cannot understand the trade imbalance will be permanently skewed against the uk if it leaves the eu. Is that the reason why no one can tell the truth to the voters and instead delay? Are they expecting a miracle, it is customary during Easter or any religious holiday