Member Info for Gate13Boy

The dreaded budget. December is traditionally a good month. Let’s hope the budget doesn’t prove to be the exception this year.

I agree though that at some point, this will all come crashing down but as you say, maybe he’s a bit too early again.

He’s often wrong fella and has dined out on the sub prime bonanza ever since.

Michael Burry will be having an uncomfortable evening.

Nvidia Q3 good. Should help stabilise the markets thankfully.

Quite Hard Down/Dorfan. I’ve thought it for a while after a bit of post history digging.

Almost there hardup sadly 😢

Up pops another poster who has used multiple IDs. I think you’ll find you post a great deal more than I do DCB. That’s if you’re intelligent enough to do the maths and work it out for yourself. .

Interesting article Darth. I read it this morning.

It’s probably not in the Morning Star. Paddy appears as Troublesome said he was done for the day. How coincidental 🤣

A lot may well hinge on Nvidia’s post market results tonight as to where things go going forward.

Higher rates tend to result in loan defaults, house repossessions and lower economic growth. I agree interest rates were too low for too long and it took Covid and the Ukraine war to upset that apple cart but if you actually go back and look at Lloyds profits when the base rate was rock bottom, you’ll see that they were higher than when interest rates started rising. I too am happy with rates around this range. I actually don’t think they should have been cut until inflation was back to the 2% target the BoE is supposed to use as their mandate.

So you’re a home owner then ? Glad we’ve got that established at last. I own my own home. Just the one despite your accusations to the contrary before. I’m not a landlord but I understand that not everyone wants to buy their own home, some need to rent due to work displacement issues and some simply can’t afford to buy a home. You seem to have a problem understanding that if you don’t mind me saying.

What an apt source for you to derive your information from. Lower interest rates also mean more demand for mortgages and loans which benefit the banks.

DCB,

Butt out. I wasn’t talking to you. I’m just trying to understand why this poster despises landlords so much. Some people don’t want to own their own home, others need to rent on a temporary basis due to work location etc and others simply can’t afford to buy a home.

I certainly agree UK debt is stupidly high but if you don’t build enough homes, then it’s a supply and demand issue.

Do you own your own home Carltt ? I have asked you before but you didn’t answer.

House price inflation is negligible now courtesy of rising unemployment, increased stamp duty and lowering living standards.

DeadCatBounce (aka STP),

Point out where there is a personal attack in that post and it mentions Lloyd’s share price. Grow up.

Funny how we haven’t heard Troublesome blame this government for putting it up to 3.8% in the first place. Unemployment up too every month since they took office. It’s amazing Lloyds share price is where it currently is all things considered 😳

Troublesome,

You’re like a barrack room lawyer. God, you’re boring. Give it a rest.

Dorfan 🤣👍

I trust DCB also will be topping up his bank share portfolio at these rock bottom prices as there is nothing to worry about in the budget from this wonderful, not for turning, capable chancellor we have.