Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
E88 You mean like the Bulls do..lol..
DYOR
P51, i'm sure the SP will have some up days be lets be honest this is a poor show on the good news plus Santa rally...
DYOR
P51, ""Wait till Dow opens if down FTSE will follow so will Lloyds.
On a Good news day with inflation you would think the FTSE would do it's own thing"
any rise will short lived. UKX couldn't pull the skin off a custard...
DYOR
P51 "The FTSE 100 has surged in early trading after inflation fell by more than expected last month, boosting hopes for several interest rate cuts next year."
the tellalaarrf , lol, ramping...Like i stated not exactly off to the races eh..
DYOR
E88, Lloy has the odd swing upwards especially during the silly season but you have to admit the long term trend is down...
DYOR
P51, take a look at the charts, lloy, UKX not exactly a runaway train is it...
DYOR
How does one even begin to make provisions for that.....
DYOR
Bailey, BoE will cry wolf one too many times...and It will get messy.
DYOR
Sweden, the epicentre of Europe's property crisis, faces a make-or-break year...
Swedish Landlords Face Crunch Year With $12 Billion Debt Wall, Seizure at Stockholm landlord shows creditors are ready to act.
Next year will be a critical test for Sweden’s property market.
DYOR
Attacks in the Red Sea linked to the Israel-Hamas war will cause shipping delays and drive up the price of goods, bringing a new inflation risk to the economy..
DYOR
As with Lloy, UKX overbought...
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Skier1 "The technical chart does have a nice shape to it and looks ready to bowl over the 8000 level."
care to elaborate on that..
DYOR
Stock market signal with a 100% accuracy rate is flashing and points to record highs in 2024.
https://markets.businessinsider.com/news/stocks/stock-market-outlook-2024-new-highs-extremely-rare-signal-sp500-2023-12%3Cspan%20id=%22ms-outlook-android-cursor%22%3E!~OMSelectionMarkerEnd~
DYOR
.. Warns of ‘early signs of stress’ at euro zone banks as default rates rise
Financial stability review signals risks to public finances and corporate revenues.
DYOR
... borrowing near record high for October.
The UK government borrowed £14.9bn in October, more than analysts expected and the second-highest figure for the month, according to official figures that confirm the continued pressure on public finances.
In the financial year to October, the deficit was £98.3bn, £21.9bn more than in the same seven-month period last year but less than forecast by the Office for Budget Responsibility in March
DYOR
""When Rishi Sunak pledged in January to halve inflation by the end of the year, many experts were already forecasting the rate would drop.
Responding to the latest figures, the prime minister said the pledge had been his "top priority" and required "hard decisions and fiscal discipline".
Chancellor Jeremy Hunt added that government had played an "important role" by being "disciplined on spending, helping people into work and resisting calls for additional borrowing".
But Labour's shadow chancellor Rachel Reeves said that while lower inflation would grant "some relief for families", now was not the time for Conservative ministers to be "popping champagne corks and patting themselves on the back".
Despite October's fall, the UK is still some way off meeting the Bank of England's 2% inflation target and the Bank's policymakers have pointed out in recent weeks that interest rates are unlikely to be cut in the near future.
The ONS said that energy and food prices were still above where they were two years ago. It is also possible that the energy price cap for next year, which is unveiled next week, could show energy prices are set to rise again.
UK inflation also remains higher than other countries including the US, France and Germany".
DYOR
""UK inflation fell sharply in October to its lowest rate in two years, largely due to lower energy prices.
Inflation, which measures the rate at which consumer prices rise, dropped to 4.6% in the year to October, down from 6.7% the month before.
The figure means a government pledge to halve inflation by end of the year has been met early.
But there is a limit to how much credit ministers can take for the fall as energy prices settle.
Economists have said the main reason inflation has fallen from its peak of 11.1% in October 2022 is due to a fall this month in the energy price cap, which limits what suppliers can charge consumers per unit of energy.
They also note the Bank of England's decision to raise interest rates, in a bid to cool demand in the UK economy and slow price rises.
Rates are currently at 5.25%, a 15-year high, which has pushed up mortgage costs but also meant higher savings rates.
Grant Fitzner, chief economist at the Office for National Statistics (ONS), said inflation fell as "last year's steep rise in energy costs has been followed by a small reduction in the energy price cap this year".
What is the UK inflation rate and how does it affect me?
How much are prices rising for you? Try our calculator
He added food prices were little changed last month, but said hotel prices had fallen.
Although the signs point to the cost of living easing, many households will not feel better off, especially when it comes to energy bills.
Despite gas and electricity prices being lower than last year, most households will actually pay more for energy this winter than last because government support for bills is no longer in place.
Falling inflation also does not mean that most goods and services are cheaper to buy, rather that prices are rising less quickly.
'Legacy of higher prices'
James Smith, research director at the Resolution Foundation think tank which focuses on the living standards of people on low-to-middle incomes, said "the cost-of-living crisis is far from over".
"The scale of Britain's inflation shock has left a legacy of far higher prices," he said.
"Over the past two years, the cost of energy has surged by 49% while food prices have risen by 28% - far greater than the 14% in average earnings over this period."
Dave Golding, manager of the Patch food bank charity in Milford Haven in Wales, said people were still under pressure from higher food and energy costs, with the charity set to have provided 150,000 meals this year.
"We had a record year last year for food parcels and I don't think that will change much this year," he told the BBC.
"A lot of people are trying to be careful with their energy budget. People struggle to have the cooker go on for a full-blown meal."
DYOR
Sharply to 4.6% as energy prices ease.
https://www.bbc.co.uk/news/business-67412740
DYOR
..so if the Tories lose the election the nation is thick, the same nation that voted the Tories in....hmmmmm.
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Skier1, if it walks like a duck, talks like a duck then it's a duck!
DYOR