Member Info for bobbins2

Perhaps it will be named 'Mumacron'. Not lethal, but decimates brain cells, leaving the unfortunate host permanently brain-damaged.

Encouraging news, obviously. However, as I was saying a few days ago, we seem to lurch from one crisis to another lately. The 5G thing came out of nowhere, although seems to have gone away, at least temporarily. Then there's the Ukraine/Russia situation, which is casting a large shadow over the markets just now. Even if that gets resolved, you have spiralling fuel costs and rising taxes helping to push inflation higher and bringing a cost of living crisis. Higher fuel costs are, of course, of particular concern to airlines. Higher interest rates might be tempting to help squash inflation, but bring a whole set of other problems, especially to a highly leveraged population. A sizeable rise in interest rates would cause massive problems for a lot of people who mortgaged themselves to the hilt to get on our Ponzi-style housing ladder, and are politically unpopular (I know the B of E is supposed to be independent, but still..). Then there's China, climate change, ongoing Brexit issues, and a range of other problems too extensive to go into here.
Anyway, maybe I am being overly pessimistic, but after a bright start to the year, I am having a few sleepless nights contemplating my investments - the main ones being here and Lloyds bank. Even as Covid (hopefully) recedes, I still foresee a turbulent time ahead. Still - he who dares, wins. Or goes bankrupt.
Here's hoping I am proved emphatically wrong.

£5.80 a pint! FFS.
PS - I am a shareholder, it's just that the last 2 years have driven me to the brink of alcoholism. Or possibly over it.

lol - thanks for clearing that up. Have managed to get the inner pedant back in his box (for now).

Relative, or relevant?
Sorry - sometimes my inner pedant can't be controlled.

Agree - Ukraine definitely main issue just now. Not sure whether to sit tight, or ditch some just in case the bare-chested horseman makes his move this weekend (that's Putin, not Biden).

That is often my fall-back position - although it is a little early just now.
PS - favourite Dirty Harry quote -"A good man knows his limitations". If only our politicians would follow this mantra.

Jtan - have the last 2 years not shown you that the average IQ is 50 points (at least) lower than you originally thought? It has for me.

Do you feel lucky, punk...?

BB - I concur. Complicated, inconvenient, and a complete waste of time. Ludicrous.
Sundezena - Lloyds up nearly 2% since your comment earlier today. You are clearly a genius - enjoy your champagne.
Fordm - didn't realise you had already crossed the Bering Strait, or have you moved on since?
PS - share price recovering now - dog/horse track visit temporarily postponed.

Seriously - thought IAG would be a decent long-term investment, paying a reasonable dividend. Then what? Only a global pandemic decimating the entire industry. Seemed to be coming out of that, only for Omicron to rear it's mutated head.
Now this 5G palaver. No doubt this will be sorted out soon - just in time for Russia to invade Ukraine, China to invade Taiwan, and aliens to land on the Whitehouse lawn. Not to mention the climate shenanigans.
I'm sorely tempted to sell everything and head off to the dog track. Then again, there would probably be a rabies outbreak halfway through the first race.
F**k it - I'm off to the pub.

Sundezena - cheers! Last time you commented here on the banks, my Lloyds went up 10% in 2 weeks. I am confidently expecting a repeat.

Potty Time - nice post.

I guess the last 2 years have made most people a bit jittery.

'The markets are spooked' - they're not the only ones. Luckily, we seem to have bounced off £1.58.

This 5G thing is starting to worry me now. Will I still be able to play "snake" on my Nokia 3310?

Think 5% plus is wildly optimistic - United and American both down a couple of %, so not sure where that would come from. Would love to be wrong.

North- the key words in Spars post are "was" and "currently".
Spar - you are a lucky boy - wish I had £620 K to invest.

BB - have you forgotten the "chicken head " incident already?

Duster - I think the mask mandate will be kept, just so that the government can claim to be' protecting' us - but I personally disagree with it, as I think it spreads unnecessary fear and anxiety.
As for the coughing/sneezing thing - I agree, but unfortunately it is a symptom of the declining standards in this country; manners are pretty much a thing of the past.
As for the prospects for the share price this coming week, there seems to be a growing wave of general optimism that we are coming to the tail end of the pandemic, which bodes well for the IAG share price. I just hope that Putin doesn't mess it up for us by invading Ukraine, which would put a dent in things, albeit (hopefully) short-term.