Member Info for Darth.Trader

..tumbles on growing concerns over economic growth

The calm brought about by the Bank of England's decision on Wednesday to buy long-dated government securities to stabilize the turmoil in the markets caused by the government's new economic plan was short-lived.

Sterling fell and bond prices slid, with the selloff in British assets spilling over to even safe-haven U.S. Treasuries and top-rated German bonds

https://www.reuters.com/markets/europe/wall-street-futures-resume-fall-economic-worries-weigh-2022-09-29/?taid=6335b1c6b37c4200017b70f4&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter

DYOR

"Decades of studies showing current Tory policy does NOTHING to grow the economy."

get out of that one Mrs Bucket...can i call you Hyacinth?

Anyways the SP flirting with 40p, you do get the feeling that once breached it will become a major resistance...
DYOR

fleccy ""since banks operate strict LTV criteria on commercial loans and understand the risk profiles when business loans are issued. Time will tell, but I suspect the foreclosure narrative is overblown.""

hmmm, anything is possible; however should there be a global downturn, deep severe UK recessions lasting as long 4 qtrs then what about the people who will have lost jobs, businesses, homes, life savings, assets?........

Hooverville..?
DYOR

as BoE boost fades, euro drops with inflation data in focus...

https://www.reuters.com/markets/europe/sterling-slips-back-with-euro-persistent-uk-fiscal-angst-despite-boe-bond-buying-2022-09-29/?taid=63356472487f440001f3ebb6&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter
DYOR

Capt'n Hollybean, there be pirates, raise sail and put the boy in the barrel, yo-ho..

DYOR

Gazz...lol.

"C;mon guys give us a break even LTI had a losing SB position"
DYOR

""'Theres no money left'"

it will be interesting to see what note is left out for Labour...!
answers on postcard ...
DYOR

Theosus, to be honest it was only a couple of months ago that i reiterated my statement that i made to family and friends and i have also posted it on here,. I recall saying back when Corbyn could not beat May, " the next Labour leader to win a general election is probably still at Uni". Well Truss & Kwasi may well have handed Starmer the Job...
The Tories will be most displeased .....

DYOR

Pinto... is suspect they are still here my filter was in full swing last night and started again this morning. Probably informing bb the world is wrong and the sTories are right..! Ma'Bucket n' her Boy who is forever up the far end , messy political situation...
DYOR

debt purchases have restored a semblance of calm to global markets. But don’t expect it to last.

https://twitter.com/markets/status/1575387454215016449
DYOR

MD- aka Falker posters caught you out many times regarding your SB positions, chasing losses...
yes I post articles, it's relevant but your posts are filled with what exactly?
DYOR

M-D aka Falker, you state the obvious thinking you are guru of the BB's.. i notice you had stopped posting you positions lol.
you keep stating lloy will go sub 40, as most earthlings do, yet you think it will stop around the late 30's...However the points you repetitively post here would suggest the late 30's may well be the top for sometime to come..lol
DYOR

M-D aka Falker.."The property market has started to show the cracks. "

genius...
DYOR

2023 Dust Bowl ....

DYOR

JD You are of course correct, without doubt..!
however LTI....
There was a rumor that LTI was the sixth brother of the Marx Brothers, the first born, named Manfred (Mannie), who supposedly died in infancy. Zeppo was given the middle name Manfred in his memory. However these rumors had quelled by Chaplin as he famously stated “ I would have loved to have worked with LTI as his timing was unquestionably the best I have ever witness!”..
LTI Apparently is alive and well thanks to a good diet of Bullaca and pockets deeper than the White house…in fact Greenspan once ask LTI for a loan!
DYOR

jd_77 ""I'd love any of you to tell me how you think this company is going to grow in valuation from the last 12 months or so? Have they got some big takeovers lined up?""

rumour is they are looking at LTI, HIS 10% In cash reserves would make a small country blush, not to mention that his SB account had never lost a single position since the SEC was formed after the great depression, in fact one of the fouding members, Kennedy, yes JFK father the Irish immigrant was once quoted " We could have done with LTI prior to the crash of 1929 to prevent it"..

DYOR

lti, again, i am not responsible for how posters interpret the media...

DYOR

lti, i am merely pointing out how people interpret the media and how it can be used to throw a hand grenade in an argument, debate... nothing more nothing less...
DYOR

lti, take it up with Bloomberg & AJ Bell’s Hewson says...

DYOR..

i posted this earlier today but....

UK Markets Have Lost $500 Billion Since Liz Truss Took Over
Stocks, bonds slumped following new fiscal measures on Friday
UK markets feel like ‘the wild west,’ AJ Bell’s Hewson says

https://www.bloomberg.com/news/articles/2022-09-27/uk-markets-have-lost-500-billion-since-truss-took-over
DYOR