Member Info for Eightyeight88

Morning all...I see oil prices near their calender year lows...gas price down too...let's hope they start filtering through to the beleaguered consumer...gla

morning theo just trying to bring a bit of positivity to the lloyds board which seems to be continually plagued with posters trawling through the news desperate to find negative posts lol....trying to be a bit upbeat on a rainy sunday morning lol ..gl .

Lloyds Banking Group has been upgraded by RBC, which sees its emphasis on cost control as preferable to growing income in the current environment.

The Canadian bank has put a price target of 57p on the shares, as it expects the market to start to reward Lloyds for its prudence.

“With inflation expectations stabilising and a more balanced outlook for the forward interest rate curve, we think that the rates trade has now played out,” it said in a note.

“Deposit betas will likely increase from here, although banks like Lloyds, with better digital banking and branch offerings, should be able to keep betas lower for longer.”

Valuation ratios such as price to book value are attractive, while the bank also stands well compared to historic yardsticks.......

theo.....i agree ....i cannot see how this is going to end .....anything is possible with putin.....what a horrendous situation in ukraine with winter approaching as well.It beggars belief that putin thought it would be over in 6 weeks a complete misjudgment on his part.....

yeah HU as i wrote on another thread ..huge amounts of cash waiting to be invested allegedly.....50p achievable by year end ...will be plenty of profit taking at that level...this awful war ends 55p + easily imo

Falky last seen boarding a ship bound for port stanley to check on hes £340,000 investment............on a serious note hope hes ok .

huge amounts of investors cash on the sidelines allegedly......if this awful war and china covid situation improves could be a rush to invest possibly....the unpredictability of the murderous rancid putin is a big factor obviously....gla.

The young don't seem to carry much cash..especially my grown up children...it seems when I'm with them and cash is called for I'm the only one holding any !...sigh..lol....gla.

with a calender year like 2022 i would be pleased with 48p gla

Cable over 1.20...fed inferring smaller rate rises...markets still see 50bp December..

scotland will be divided as ever....there will be plenty of angry scots but also a large amount relieved...

morning livestock ...atm 50bp uk and the US in december looks the call.....interested to see the fed minutes later....gl & atb.

theo remember this....September 16, 1992 was the day when interest rates rose twice from 10% to 12% in the morning then up to 15% in the afternoon. For those struggling with a base rate raise approaching 4%, the thought of 15% is enough to turn most people grey overnight. ......i had a very large mortgage at the time...yikes....gla.

GS...i think once again the lenders and the borrowers haven't learnt from the past.....interest rates were probably never going to stay at such historical low rates....some borrowers have took themselves to their multiple limit at very low rates with no regard to the possibility of rates rising...what did they think interest rates would be near zero for ever ?.....also i know of people who remortgaged and took some equity out of their house when house prices spiraled upwards..they used said funds for cars holidays etc etc......the lenders are at fault for loaning large amounts knowing that an upturn in interest rates would push the lender into default.......ps people have been defaulting on mortgages and losing their properties for many many years indeed since mortgages began ...nothing new there gl.

some hefty bets lost there i think HU...gl

The fed minutes taking on more significance as the market is starting to infer that inflation may have peaked...will be interesting if the minutes contain a less aggressive rate rise policy............Lloyds looking solid .....i relented this morning and sold a small amount of the sept/oct dip buys aviva and l&g profit taking..(be silly to leave it all on the table).....havent sold any lloyds ....still holding plenty of dividend paying shares....gla

will wait and see the minutes on wednesday ...but im still thinking 50BP interest rate rise in both the US and the UK in december....gla.

Inflation is a huge issue in the UK and US, where it has reached a 40-year high of around 9 per cent, but it’s also a big problem globally. Can you explain why inflation is so high now?

It’s interesting that inflation is high across many big countries, because quite generally, in normal times, inflation is more country-specific. For example, the US may have high inflation while Germany has low inflation.

In this case, it really is striking that it’s hitting all the countries at once. When you look behind the scenes and ask why that is, it’s mainly because there have been some international developments, or shocks, as economists tend to call them, that have affected global markets, and therefore global prices.

In particular, the pandemic caused a lot of supply lines to just shut down. Then, the lifting of lockdowns and the big bounce back in most economies suddenly increased demand, while supply was still restricted. That was certainly a big factor.

But also, the Russian invasion of Ukraine has meant that a lot of normally traded goods that are shipped from both Ukraine and Russia, especially agricultural goods, are just not on the market. So, the price goes up because of the scarcity of supply.

Could/should be interesting.....short week in the US..gla.

Lti..wd with avia dip buys..yeah I know you were and are also well involved in that share ..gl & atb.