Member Info for calisto

Institutions were looking for higher returns so bank provided these by going up the risk curve. The issue after that was leverage. Market panic created a stampede out of illiquid and esoteric products. The current situation lies with J Powel who had opted to use an over aggressive interest rate xx policy to deal with the post pandemic transitory inflation environment which is leading to a surging dollars and bay well force the world into recession. Powels approach is as well thought out as Biden’s ditching of Afghanistan

It’s the golden ticket.

The U.K. is an easy target. Try this nonsense with the US your are told to foxtrot Oscar. The IMF should keep their nose out of our affairs . Their commentary was blatant politically motivated nonsense.

It’s an another opportunity for some to re inflame old arguments. I see a new crop of identities are gracing the BB this afternoon. So much for one identity being allowed

Maybe analysts think the likes of Tesco are charitable

There is no rationality in the current market. We have our own political issues here which are being deliberately blown out of all proportion probably seen as an opportunity to fan the flames of Brexit yet again. The IMF’s unwarranted commentary a casing point here. Timing wise Italy has just elected a right of centre candidate to lead the country do the EU has major issues now and to come.

Markets are dire globally esp the fixed income markets has invest rates are being hiked aggressively with most CB’s following Powel’s lead. Inflationary pressures however will likely prove transitory and economic growth will be centre stage and may prove fickle in the face of over tightening by the CB’s. In this febrile environment banks are getting hammered on the back of some rumour of deposit interest rates and mortgage market gyrations, again. Sometimes imo you just have to sit tight, have a cup of tea and fo done fundamental research. Better still watch the next T20 this afternoon

Ex Pimco part of the Bill Gtiss double act. Been around for a while

I hope the Govt eill keep a close eye on supermarket profits. A good sector to hot with a windfall profit tax

Unis need the fat fees paid by foreign students

Banks have already stated that in this at the moment unlikely event measures can be taken to mitigate most of the impact on NIMs

So what’s the solution ?

Oh how’s that ?

Don’t forget that it’s the dollar that is exceptionally strong against all currencies

That’s the case exactly. The goal has long Beth to make the U.K. the Singapore of Europe a prospect that terrifies the EU.

I don’t think King’s a fan

The EU was created to put Germany in pole position. As long as the Greeks etc keep buying Mercedes taxis alt it’s gut. Alas the remainers never spotted this and never will

FYI the top 3% pay almost 50% of all income tax

dream on bbb. as the saying goes when the tide goes out everyone can see who has been swimming without trunks. This applies to Labour, empty words and empty promises. There Lloy share were sharply lower because were was a story going round about interest paid on bank deposits held with the BOE.

Funny that Labour wouldn’t reverse any of these tax cuts. Everyone knows the tax take is too high in this country and that productivity sucks. Too many living off free stuff and more arriving every day to do the same at the expense of the top 3% of earners.

And the oil price is falling out of bed. Big oils the biggest losers on the Dow they will be here on Monday