Member Info for Darth.Trader

The increase of 8% from 2022 is probably due to the fact they got made redundant or the firm collapsed...

Not many start this journey without being pushed...

DYOR

I see and have dealings with lots of entrepreneurs and the turnover in start-up's is phenomenal in the north west alone...

Always someone thinking they are next big thing until they step into the arena..

DYOR

""Britain’s market for small and medium sized stocks is shrinking rapidly, challenging London’s status as a international financial center, according to a UK investment bank.

Peel Hunt said a lack of initial public offerings, along with a flurry of takeovers by overseas and private equity firms, mean there are more companies leaving the UK market than joining it.

The trend is particularly pronounced for the FTSE Small Cap Index, which the bank said had lost 10 per cent of its members and 20 per cent of its market capitalisation this year.

Charles Hall, Peel Hunt’s head of research, wrote in a report: “We are currently in a doom loop, where valuations are low, liquidity is reducing, investors are seeing withdrawals and there is little desire to IPO.

“If this continues, the UK could lose a crucial part of its financial ecosystem.”

While Peel Hunt’s analysis focuses on Britain’s smaller companies, the bluechip FTSE 100 has also been suffering. London lost its status as Europe’s biggest stock market last November, extending an equity slump that stretched back to Britain’s vote to leave the European Union in 2016."

https://www.businesspost.ie/news/shrinking-uk-stock-market-is-in-adoom-loop-investment-bank-peel-hunt-says/

DYOR

Shrinking UK Stock Market Is In a ‘Doom Loop,’ Peel Hunt Says

FTSE Small Cap Index has lost 10% of its members this year. Firms are choosing US listings; M&A also depleting market.

DYOR

Falls more than expected to 2.9%..

Eurozone inflation has fallen more than economists expected after consumer prices rose 2.9 per cent in the year to October, the smallest increase since July 2021.

The reduction in inflation from 4.3 per cent for the year to September reflected falling energy prices and a drop in food inflation, according to Eurostat, the EU statistics arm. Economists polled by Reuters had expected eurozone inflation to be 3.1 per cent in October.

Core inflation, which excludes energy and food and is closely watched by the European Central Bank as a gauge of underlying price pressures, also fell more than expected to 4.2 per cent, down from 4.5 per cent the previous month.

Meanwhile, the eurozone economy shrank slightly in the three months to September, undershooting economists’ expectations after a contraction in Germany and Austria offset growth in Spain and France.

The 0.1 per cent downturn in the economies of the 20 countries that share the euro marked a reversal from upwardly revised growth of 0.2 per cent in the previous quarter. Economists polled by Reuters had forecast zero growth for the third quarter.

read more;

https://www.ft.com/content/03ac15ba-76f7-4e31-b835-f9c6e5e9402e

we are not in the EU so never mind eh...

DYOR

..on track for worst year since 2009.

The number of companies going bust this year is on track to be the highest since the depths of the financial crisis in 2009.

Insolvencies rose 10% from a year ago in the three months to the end of September, the latest official figures for England and Wales show.

There has also been a sharp rise in the number of firms at risk of going bust.

Firms in "critical financial distress" jumped 25% in the last three months, insolvency expert Begbies Traynor says.

They are defined as having county court judgments exceeding £5,000 against them - often a precursor to going under.

Dean Euden, a wine merchant from Cardiff, has already wound up his business. "I thought Covid would be the toughest time but actually the harder times came after," he said.

read more;

https://www.bbc.co.uk/news/business-67261798

DYOR

Just when you think we have enough gone wrongs in the police along comes deputy Brixton...

D...

HU, go put some of your grannys records on....

D...

HU, You're gonna need a bigger boat...

D....

Hey Hardup, once again i see you are picking your meat. Not sure you are going to make through the BBPA course, BB Police academy..

Many are called few are chosen...

DYOR

Https://www.proactiveinvestors.co.uk/companies/news/1030961/hsbc-boss-warns-global-economy-at-tipping-point-1030961.html!~OMSelectionMarkerStart~!!~OMSelectionMarkerEnd~!

DYOR

Mick-b, I'm over it now 😂,

LFC will finish top anyway... 😉

YNWA..

Mick-b ""Awful refereeing.""

interesting coming form as Spurs fan...😂

DYOR

Mick-b "" and SPURS five points clear at top of Premier after 10 games""

VAR....

DYOR

Brixton, ""Buybacks are a refund on faulty goods.""

😂🤣

D.....

.. to dog world economy next year, postponing rate cut calls.

https://www.reuters.com/markets/poll-inflation-dog-world-economy-next-year-postponing-rate-cut-calls-2023-10-27/?taid=653bae813a67310001cd7d82&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter

I would not be surprised to see inflation start to rise again...

DYOR

Global bond rout looks ‘tremendously dangerous’ for stocks, hedge fund manager warns..

An intensifying bond rout is creating a “tremendously dangerous” outlook for global equities, according to Livermore Partners’ CIO.

Higher-for-longer interest rates have caused bond yields to surge, hampering investor returns and piling pressure on the economy, David Neuhauser told CNBC.

“I think that is going to cause a lot of pain moving forward in terms of the economy,” he said.

https://www.cnbc.com/2023/10/27/global-bond-rout-looks-tremendously-dangerous-for-stocks-hedge-fund-manager-warns.html?taid=653bae05d6113200015b2a18&utm_campaign=trueanthem&utm_medium=social&utm_source=twitter%7Cmain

DYOR

S11 "Brix yes but fakey bottled his short at 40.3p and closed out for a loss when the opportunity to take a profit was there for 3 days running maybe he should change his handle to the bottler instead of market dealer"

Some *day traders are not comfortable keeping positions open overnight as a lot do not use * stops.

DYOR

HU "So what? The UK is not in the EU."

hey Hardup, remember that when others post stuff up about the EU. The posters who say WE are out of the EU yet do nothing but post about the EU..!!

DYOR

German Chancellor Olaf Scholz warns European Union leaders in a tense, closed-door meeting that it’s time to get serious about limiting the bloc’s spending plans...

https://financialpost.com/pmn/business-pmn/scholz-warns-eu-leaders-its-time-for-tough-spending-choices

DYOR