Member Info for calisto

"Biggest Germany factory slump in 10 years stokes fears of recession". "Fresh fall is devastating with no silver lining" "investors should brace themselves for a contraction in Q2 GDP growth next week" German industrial production fell 5.2% YoY and by 1.5% from the previous month crushing hopes of a recovery. Does not sound to me like the hills are live with the sound of music in the Fatherland but more like "alt ist kaput"

indeed! Irrationality is once more stalking the markets. Why would anyone put money in some EU bonds yielding negative interest? Why pay the German Govt to hold your money and lose out through inflation as well. If anybody wants me take their money and put it into my account and are prepared to pay me for holding it for them please let me know. On the other hand there are some very safe top quality stocks yielding a very handsome 5, 6% or even more. The world is not coming to an end and I don't want to sound to optimistic here, so a bit of home work can pay off handsomely I certainly would not put any money in the EU as that is likely to turn out a bit of a mess as all the cans that have been kicked into the long grass over the past decade begin to resurface as the grass withers away. The EU has been dishonest with the world and is sailing into choppy waters. The US and China will come to a stalemate as the tariff wars are a zero sum game and we will cut loose from the EU wreckage. Lloy is now positively shiny compared to its EU counterparts and well able to weather this little bit of blustery weather. I am staying put but of course DYOR. I seem to really picking up a few at 19p, when many were bailing -those were the days .

hmm. No idea she was that sort of girl! We live in informative times indeed!

Then the Irish will have to put it up and police it. It will be up to them to stop the smuggling and thuggery. Could not think of anything that would be more poetically just.

More wishful thinking by the Guardian lefties. Jezza does not want to risk going to the country and see his party annihilated and Marxist dreams in tatters. An electoral defeat will rip the Labour party apart completely. Boris will if he has any sense put the country before Brexit. More police more NHS money, deal with the doctors pensions get to grips with education etc, and get the local constituencies behind him. Deselection will the party of the those unwilling to serve those that elected them. Brussels don't want a deal so they can go whistle.

the Americans have just come up with a whisky that can be made in 24 hours. When taken out in Scotland to be tasted few if any Scots could not tell it from the "real" thing. Admittedly it probably did not taste like a 12 year old single malt. just saying

I expect CFD traders and spread-betters are seeing their term of business revised at the moment as platform providers are increasing margins on positions to counter "growing external risk" We have been here before and alas it won't be the last tome this happens. SVS going bust will have undoubtedly lifted a stone for the overseers to peer under. Regs however at this stage of the game won't help those who have been locked out.

Good question. We kind of gave up making things in the seventies and eighties. We are good in financial services and in high tech/biotech research which given a bit of Government encouragement and grown up thinking could really do well for us in the future. Especially biotech as we have a huge customer in the form of the NHS were new drugs could be used instead of foreign imports. I have written to HMG proposing the NHS budget help final stage research funding in return for reduced priced access unsurprisingly am still waiting to hear back ! lol. Our industrial base has been sacrificed to political ideology and the void left filled by cheaper and more reliable alternatives. We now have a large swathe of the population firmly of the belief that the State owes them and worryingly the burden of paying for this is falling on a decline number of "broad shoulders ". This of course is unsustainable as the "broad shoulders" will leave. Its pretty remarkable really that as nation of pessimists and wingers we have done as well as we have and we have succumbed to the dire predictions of the national mood music orchestra drawn from the BOE and BBC. Maybe BJ's next stop will be the North East resplendent in a boiler suit hard hat and wielding a HUGE spanner.

timing is everything for sure, The world is heading towards a slow down yet we do not face the acute financial meltdown we experienced 10 years ago. Even then how long did the recession last?. Our banks are in good shape as motormouth Carney suggests as are the US' The EU financial system is crocked as they have opted to kick the can down the road while at the same time planting a jackboot on our necks to reform which at vast unnecessary expense we did. the same siren voices have been foretelling our demise over the last five year and particularly so over the last three and yet we remain above water. Markets are nervous but then they always are when the children are in charge of the trading book. This will pass. Of course there are forms of investment - A nice classic car for example- p[ick the right one and it will appreciate and is a lot more fun than gold.

yep 14p in dividends 2 plus 12 in special. Its not going to remain down 5% esp as number were half way decent.

EU banks getting really crushed Agricole down over five percent , paribas etc 3.5 to 4. Lloy doing ok relatively. just saying

This is a typical summer holiday scenario. juniors white socks manning the trade desks while their bosses are in Cornwall or Puerto Banus, a tweet from Trump, waffling from Carney, under delivery from Powell, low volume and little institutional appetite, hysterionics from Brussels and their most vocal drama queen Veradkar. Spread betters and CFD traders will win and lose big today.

be nice to keep it that way. The longer it is before the AIM pumpers and dumpers arrive the better imo.

FWIW my buy is showing as a sell.

because Lloy is seen as a UK domestic play and Barclays more internationally diversified. There is the issue of Brexit which of course is out of bounds on this board from a discussion perspective so you will have to tune in to the BBC or read the Guardian to get the background . Good luck

that PPI is coming to an end at the end of next month. As a LT shareholder of Lloy I have gained much satisfaction of doing my bit for those who who have felt hard done by the banks and were smart and unscrupulous enough to claim moneys they were not entitled to. I can only hope that my small indirect contribution towards a downpayment for a new car, a few extra pints, a night out at the dogs or even a week in Toremolinos has been appreciated and produced some happy memories. It must be particularly nice for claimants that have arrived over the last five years that a nice little lump sum was available to help adjusting to our generous country and its ways. It is with regret therefore that this is now coming to an end, but I am sure many are already working on subsequent schemes.

can't see anything catastrophic in the numbers first glance. not an easy environment for banks in general. price should recover imo

we can slap the same 40% tariff on £2bn worth of wine imports from the EU thats about £800m or five times the lamb tariff. This will support our own wine industry and help our Commonwealth friends and new US trade partners. given that we are now at the front of the queue and not the back as David Cameron told Barak Obama to tell the world when we deciding how to vote.

what cost in lives will be attributable to the FDA's misplaced intransigence

well that's a moot point tho. Companies such as LLOY are held by the big pension funds to provide a retirement income for State and private sector workers. LLOY was forced by the then Labour Government to acquire HBOS to stave off a wholesale collapse of our banking system. Forced to write off massive portions of the loan book at rock bottom prices the bank was again forced into taking up liquidity "provided" by the BOE and a massive injection of funds from its shareholders the vast proportion of which you simply could not categorise as gamblers and the like. Unlike most EU banks Lloy shareholders have borne the brunt of the financial crisis as the Government is no longer a stake holder having left in profit unlike the vast proportion of LT holders in this bank. So yes a case can be made for deserved intros instance imo