Member Info for Darth.Trader

Marcus - really good post.

Fleccy i fully get what you say and nobody is advocating investors should sell, as what do they do if they do; however PI's who are happy to trade will do so.
As for the economy i think the velocity of monies will not be what it was prior C-19.
talk of education - children going back on the 1st June, i think may well be too soon especially when you consider grand parents normal take them and pick them up while the mum and work...
i think it will be August.

maybe because it's still relevant; no doubt articles will be filled with other stats, paragraphs last month news if so it tells me that things have not improved...
how anyone can say, at this point, things have bottomed out or showing signs of improvement when we have not come out of lock down is just silly...
Germany are revising the situation as we speak because number of deaths are rising again.....we, UK, are not even at that point yet...

The BoE did state that it would wise to play down a recovery, not that there wont be one but just sensible to do so at this point...

fleccy take it up with reuters...
lets be clear we are only 5 weeks into lock-down so i would say it's relevant and if you look at markets they do too....

velocity of monies is gone, work places will have to adapt, lots more downside yet...

priced in..? i think when we come out of lock down and lots face redundancy and job losses mount up only then will things be priced in...
major outlets are already committed to reducing stores, staff, etc, etc....

Stocks fall further after Trump's China tariff threat.

World stocks pulled back further on Friday on grim U.S. economic data, mixed company results and President Donald Trump’s threat to impose new tariffs on China over the coronavirus crisis.
MSCI’s index of global stocks fell 0.5% after a tumble late Thursday broke a six-day winning streak for the index.

London-listed stocks fell as data showed the UK housing market was grinding to a halt, with the FTSE 100 down 2.2%, wiping out much of the strong gains earlier in the week.
https://uk.reuters.com/article/us-global-markets/world-stocks-fall-further-after-trumps-china-tariff-threat-idUKKBN22D4UR

DOW futures currently down -436.0
lloy will breach 30pennies...

The coronavirus pandemic is likely to last as long as two years and won’t be controlled until about two-thirds of the world’s population is immune, a group of experts said in a report.

Because of its ability to spread from people who don’t appear to be ill, the virus may be harder to control than influenza, the cause of most pandemics in recent history, according to the report from the Center for Infectious Disease Research and Policy at the University of Minnesota. People may actually be at their most infectious before symptoms appear, according to the report.

After locking down billions of people around the world to minimize its spread through countries, governments are now cautiously allowing businesses and public places to reopen. Yet the coronavirus pandemic is likely to continue in waves that could last beyond 2022, the authors said.
https://www.bloomberg.com/news/articles/2020-05-01/covid-19-pandemic-likely-to-last-two-years-report-says?utm_medium=social&cmpid=socialflow-twitter-business&utm_source=twitter&utm_content=business&utm_campaign=socialflow-organic&__twitter_impression=true

i don't fear Brexit I also think the UK will come back strong from this; however lots of businesses and people will not unfortunately ..

fleccy what would you have said if we needed them and did not have them...maybe we can all learn something from this.

you could well be correct who knows, there will be a bounce at some point, lots of opportunities to trade this..

fleccy, with respect the lockdown had been required to assist the NHS...

yes but it was not a cure and the DOW had been ramped on that basis...

think they call it ramping...

anyways as some other poster stated; think the Americans had realised the difference between a cure and treatment,
DOW futures down...

ERV1, Yes, so when you leaving, safe journey.

oh gawd, not more very old repeated lines...and they say i'm doom 'n' gloom...

..have you come down from up the far end yet..?

ERV1, I have posted articles that have a positive point as well, you are choosing your meat..
also to be fair there is not a lot out there that is positive,

correction - it is 2 yr tax relief..