Member Info for Gunsup

Morning bros.

She is a nice person when you meet her.. Tricky job ahead of her but Labour certainly put a stick in the Tory hornets nest yesterday. Jeremy Hunt for sure led us the merry dance.

Still is a bit of the curates egg this one..

Winter fuel not gone but now means tested. So that ok. Tory party just allow BBC to scrap TV licence.

Public schools VAT, no surprise with that one.

But one of two other things not so good. Still we has a long way to go yet and need to see if this the thin end of the very wide wedge or not..

Stabbings. Is a heartbreaking thing, but its a jungle out there, respect all but gone and feral youth run amok in many areas..

MV

I did raise the eyebrow myself.😫

Interesting figures. We did move as a country towards the more service based economy but this should be red flag...

"Britain ceases to be top 10 manufacturer for the first time on record"...

Non paywall

https://www.msn.com/en-gb/money/other/britain-ceases-to-be-top-10-manufacturer-for-first-time-since-industrial-revolution/ar-BB1qNsAk?ocid=BingNewsSerp

"Britain has fallen out of the top 10 manufacturing nations for the first time since the industrial revolution in a “seismic wake up call” for Labour.

The country has dropped to 12th-biggest manufacturer with an output of $259bn (£200bn) per year behind the likes of Russia and Taiwan, according to analysis of official data by the lobby group Make UK.

It is the first time on record that Britain is not at the top table. As recently as 2000, it was placed fifth.

The rankings put it behind Mexico, which has jumped to seventh in the rankings with an output of $316bn, as well as Italy ($283bn), Russia ($287bn) and France ($265bn).

Taiwan has also edged slightly ahead of the UK on the back of its global dominance of chip manufacturing, which has soared in recent decades"...contd.

"Lloyds housing fund snaps up £300m Watkin Jones scheme in London’s Stratford"...

https://www.cityam.com/lloyds-housing-fund-snaps-up-300m-watkins-jones-scheme-in-londons-stratford/

Trump look like he backing the CDBC big time by what he say...

I sold half Lloyds a short while ago. I see what happen with rates and other issues before decide what to do with rest...

PPP a banger over past month...

Black swan event? This something unexpected. Enough of the things we already knows about to cause a wobbler..

Afternoon Bros..

Respect.... Media keep telling us that the direction of the travel. Increase taxes are what the bond markets want to hear... You know what happen when Liz truss she suggest opposite...😒😒

As far as the drunken sailor concern as Mr Ronald Reagan he said..

"We could say the government spend like drunken sailors, but that would be unfair to drunken sailors, because the sailors are spending their own money"..

He was one of the great Presidents.. Small Govt , let people decide... Now everywhere got the opposite.

Risky

That true that one.

1900 Sterling 60% of world currency reserves now less than 5%

US was 0% now around 60%

WW2 boosted the US economy massively.. "Total value of the US economy had increased by 35 per cent between 1941 and 1945"..

In all war it seem there are winners and losers and not just we are talking about the battlefield. Today no different. Blackrock Amundi and the PIMCO may be getting twitchy about their "investment"..

23rd July

https://www.malaysiasun.com/news/274465690/ukraine-writes-off-billions-in-debt

Next economy going down the pan?

My guess will be the Israel. They never bet on this taking 10 month and someone shooting back. How they now get out of it?

If Kamal Harris get in they is cooked. If Trump get in Zelensky be sweating as i sees it. You know what I am saying?

Lse

forgot you the link..

https://uk.marketscreener.com/quote/stock/LLOYDS-BANKING-GROUP-PLC-4000786/ratings/

Solley

Bros.

Two after hours trades took place.. Usually this the limit order.

Due to volume you can get the wide spread when this happen and spike the price .

https://www.londonstockexchange.com/stock/LLOY/lloyds-banking-group-plc/company-page

If you scrolls down the page you see those trades.

last one is the off book trade at 18.57.44 at the strike price of 64.670

Closing share price within trading hours is 60.66p

Sometime it just the fat finger moment of a trader 😂😂😂😂

lse617

You be better Bros having a look at some of the data..Quick summary but dig a round the pages. there are loads of similar breakdowns. Currently no short positions showing on Lloyds.

Fleccy

Not forget Project mBridge is also well underway. Saudi now fully signed up.

5th June update..

https://www.bis.org/about/bisih/topics/cbdc/mcbdc_bridge.htm

"Project mBridge is the result of extensive collaboration starting in 2021 between the BIS Innovation Hub, the Bank of Thailand, the Central Bank of the United Arab Emirates, the Digital Currency Institute of the People's Bank of China and the Hong Kong Monetary Authority. The Saudi Central Bank is joining mBridge as a full participant. There are also now more than 26 observing members.

The project aims to tackle some of the key inefficiencies in cross-border payments, including high costs, low speed and operational complexities. It also addresses financial inclusion concerns, particularly in jurisdictions where correspondent banking (which connects countries to the global financial system) has been in retreat, causing additional costs and delays. Multi-CBDC arrangements that connect different jurisdictions in a single common technical infrastructure offer significant potential to improve the current system and allow cross-border payments to be immediate, cheap and universally accessible with final settlement."...contd...

West Seizing Russian assets has caused a few jitters..

Antony.

Good question that one.. Who knows what the end game will be. Dollar future as the reserve currency, as anointed with a little help from the Bretton woods agreement.?😂

Uk going to raise the taxes and try for growth. USA situation unclear.. But as it stand. 10yr bonds can be bought with a lower yield in Greece (3.43% )than the USA. (4.25%)

One thing is going to become clear is that Congress will no longer be the powerbroker in its dealings with the outside world.

As Mr Henry Kissinger once said . The USA doesn't have allies it has interests...

What do you think ?

Morning Bros..

Approx 3Pm this coming Friday US national debt ( by their calcs) will reach $35 trillion..

2024 Taxes $2.5 trillion

Interest on the debt $1.14 trillion

45.68% of all taxes used to just pay the interest..

Staggering numbers those ones..

Someone say the West financial / trade models need to be changed... All I says is they need to put their foot on the gas with that one..

"Houston we has a problem" spring to mind..

HD

Morning Bros.

"Another drop is coming"..

Is true to say we are only ever between the crashes. All I would say is given the macro their remain a huge disconnect between the economy and markets. Plenty of the speculation as to what Labour do but we need to be patient and see with that one.

I keep plenty of powder dry and watch. When the hammer it fall then is the best time to load up as i see it.. If you jump on a rising stock make sure it not on the top floor.

French railway network in disarray this morning. There are the many malign forces at work..

LTI

True that...

STP

...Sell off largely driven by what the market now see as the overvalued magnificent 7 tech giants...

Results for the LLoyds are more or less as expected. But as we see the Markets are very nervy still... In the end everything will find its true value. See what insight the financial papers give as to why the numbers as they is...

Jcb

Morning Bros..

Not just wall street but the Tokyo’s benchmark Nikkei 225 lost more than 1,000 points at one stage.. Looking like it starting on a snake today...

Lots going on we being kept in the dark about. Not a word in the Uk media on the 18 SAS soldiers who died in Odessa this week as reported in other media outlets..

https://www.world-today-news.com/russian-strike-on-odessa-kills-many-british-and-french-troopers-pedro-banos/

Asimpleinvestor Bros..

Respect.. As they is says its the economy stupid..

Starmer betting on growth and tax raises to fund his levelling up.. £3.4bn here a few more billion there. What is the problem? Cosy up to the Europe..etc etc... except..

If he climb into the crows nest he may see a few problem.

Germany;

"German economy faces ‘serious problem’ as it drags down eurozone growth"...

https://www.telegraph.co.uk/business/2024/07/24/ftse-100-latest-news-aston-martin-sp-global-pmis-uk/

If he look further he see the economic impact of the Houthis..

"Shipping firms respond to Houthi attacks in Red Sea"...

List of all major shipping lines and how they are avoiding the problem..

https://www.msn.com/en-gb/news/world/shipping-firms-respond-to-houthi-attacks-in-red-sea/ar-BB1qxpNb?ocid=msedgntp&pc=DCTS&cvid=d0ba978df0ce4bd0a533dffd7f43431b&ei=10

We maybe the island but the waves will wash across our shores. If you know what I am saying..

How popular Mrs UVL.. This week post on the youtbe.. All in EU parlaiment.

Jordan Bardella of the French National Rally criticizes EU Commission President Ursula von der Leyen

Klara Dostalova criticizes EU Commission President Ursula von der Leyen

Ursula von der Leyen told she should go to 'prison' by Polish MEP Ewa Zajączkowska Hernik

Just for the start..

Onlyif

Respect but you is looking through the wrong end of telescope. Plan should be to improve private sector pensions. labour has this in mind. We wait and see..

STP....

8tth day Hazel O'cconor..

"On the third we get green and blue pill pie

On the fourth we send rockets to the sky

On the fifth metal beasts and submarines

On the sixth man prepares his final dream"..

In our image, let's make robots for our slaves

Imagine all the time that we can save

Computers, machines, the silicon dream

Seventh he retired from the scene..

On the eighth day machine just got upset

A problem man had not foreseen as yet

No time for flight, a blinding light

Then nothing but a void, forever night...

be careful what you is wishing for...

"A report from Microsoft found just 13% of UK businesses can be described as ‘resilient’ to cybercrime, putting over three quarters of firms at a higher risk of crippling and costly ransomware attacks"

This one not firing on all the cylinder be sure to get past the FCA without being scoped..

"TSB, the high street lender, has disclosed a nearly quarter drop in profits for the past half-year due to a weak mortgage market.

The bank, a subsidiary of Spain's Banco Sabadell, posted a pre-tax profit of £111.6million for the six months to June, marking a 24.5% decrease compared to the same period last year. TSB attributed this decline to lower income, which fell by 6.1% to £548.7million for the half-year.

The bank cited "challenging" market conditions and high interest rates as reasons for the reduced mortgage margins, while also noting that it paid out significantly more interest to its savings customers".

One for the clever Bros on here..

Lloyds Banking Group, made up of Lloyds Bank, Halifax and Bank of Scotland, so far has shut 1,146 sites.( May 2024)

Financial Conduct Authority said the average cost of running a bank branch is £590,000 a year

circa £676m...

Now Lloyds has been selling some of the sites for big bucks and some is due the social housing makeover.

In all we must be looking at £bn pa.. So where that money going?

Lloyds Banking Group, made up of Lloyds Bank, Halifax and Bank of Scotland, has shut 1,146 sites.

Financial Conduct Authority said the average cost of running a bank branch is £590,000 a year

circa £676m...

RR

So here is the kicker..

"Harland & Wolff: Government rules out financial support over ‘substantial risk taxpayer money would be lost’...

"In a statement released on Monday, Labour business secretary Jonathan Reynolds said that following a review, the government has decided against providing a guarantee to bail out the ailing shipyard.

The company, which is part of a consortium that landed a major contract to build new Royal Navy ships, had applied for a £200 million loan guarantee from the government as part of efforts to restructure its finances"...

So we still has money to burn on crazy overseas scheme such as the one I mention and of course the Rwanda... Yet a vital industry here ... Well that a different story....Make you wonder what side the politicians are on... Do they also not know there is a war on? Also Mr Kwarteng he never should allow Ultra electronics to be sold. Never happen that one in the USA. A key arms supplier..😒😒