RE: Lloyds SP1 Mar 2020 21:49
Bojo will walk away from EU negotiations, conoravirus will get worse, China (enough said), oil will tank. FTSE full of dinosaur companies, banks will suffer again and they have barely recovered lloyds is still +600pennies down from its high in 1998... Lol. Yes we had An RI & Poo and the chart reset but c'mon...
All the time they, gov, had been worried about cyber attacks, hackers and then a virus comes along and wipes out 2trn off S&P500. US markets, in a week,. In the UK 60 bln off pension hedge fund alone.
This coronavirus sent the algo's in the VIX to hard sell..
War of the world stuff this, a Virus brings the machine down..
Lloy will create a new low...