Member Info for hardup

"Up 3 1/2% last night in the USA."

But the market doesn't always filter that though in full to LBG the next day though.

Bah Humbug 😠

Breaking: US CPI inflation declines to 3.2% vs. 3.3% forecast.

Inflation in the US, as measured by the change in the Consumer Price Index (CPI), declined to 3.2% on a yearly basis in October, the US Bureau of Labor Statistics (BLS) reported on Tuesday. This reading came in below the market expectation of 3.2% and September's inflation print of 3.7%.

https://www.fxstreet.com/news/us-cpi-data-preview-inflation-expected-to-decline-to-33-in-october-202311140300

US CPI Data Preview: Inflation looks set for another leg down, defying Powell recent hawkish remarks.

The US Consumer Price Index, on a yearly basis, is expected to rise 3.3% in October, at a softer pace than the 3.7% increase recorded in September. The Core CPI figure, which excludes volatile food and energy prices, is forecast to rise 4.1% in the same period, matching the September print.

https://www.fxstreet.com/news/us-cpi-data-preview-inflation-expected-to-decline-to-33-in-october-202311140300

"I want a reduction in prices. Negative inflation."

More chance of going into a recession with deflation?

Anyone watching Piers Morgan tear Jeremy Corbyn a new a rse hole on Talk TV?🤣🤣

Nadine Dorries must be spitting bullets after hearing David Cameron has been fast-tracked into the Lords so he can be taken back into Government!

"Man shouldn't be trusted to run so much as a novelty fruitcake stall let alone the Foreign Office."

Much the same for Kier Starmer as PM!

As long as the dividend is not cut I can't see it getting as low as 34p either.

"Divi income doesn't mean Lloyds S P won't drop to 24p again."

It wont fall to 24p again if the dividend is maintained.

Kiom....."All the posters on here today should be focussed on the reasons this share continues to underperform"

Try practising what you preach. What has spelling mistakes got to do with Lloyds performance?

Article from todays Times....."Inflation is poised for a ‘seismic drop’ to its lowest level in two years, figures are expected to show next week, which will result in Rishi Sunak hitting his target to halve the rate by the end of the year."

Building up premature Market expectations for Wednesday...........so if the figures released on Wednesday don't show a seismic drop from September figures, even if there is a small fall, Markets will no doubt tank.

Darth is late today? 🤣🤣

Nothing more than a another knee jerk reaction to hawkish comments again last night from FED Chair Jerome Powell.

Gate......yes indeed, it seems I misinterpreted what Brix said. Mind you that's not hard to do either, you need an Enigma machine sometimes to decode his posts try and figure out the point he is trying to put forward. 🤔

Gate......."Are you brave enough yet to tell us how you vote yet ?"

I think you will find Brixton answered that in his post at 04:40........"What has swapping voting from Conservative to Reform UK "got to do with Lloyds Bank ?"

"Very quite on here ,as everyone lost interest in this share ?"

Well put it like this......it's like watching paint dry!

Third-quarter earnings season is a tricky one for UK income investors, not least because they may have the feeling that the real drama is occurring off stage. There are plenty of companies reporting a range of numbers, share prices are swinging around, but relatively little is being said about dividends per se – and there hasn’t been a great deal of movement among big names like Unilever that do pay quarterly dividends. There’s the sense that the real action is at the start of the 2024, when companies report full-year figures and final dividends are announced. Then we’ll know how much UK companies have paid in 2023, and how that compares with previous years.

https://www.morningstar.co.uk/uk/news/111721/top-ftse-100-dividend-paying-stocks.aspx?

An uneasy calm prevailed during Asian trade as investors digested a flurry of comments from central bank officials to look for signs of whether global interest rates have peaked, with Fed Chair Jerome Powell yet again to take centre stage.

Powell on Wednesday did not comment on monetary policy in opening remarks at the U.S. central bank statistics conference, but is scheduled to speak at another conference on Thursday with traders ready to scrutinise every word.

At a separate event on Wednesday, European Central Bank chief economist Philip Lane said his bank needs to see further progress in dampening inflationary pressure, and companies along with governments need to chip in to prevent more policy tightening.

U.S. Federal Reserve Bank of Philadelphia President Patrick Harker at yet another event said the Fed's recent decision to hold rates steady was the right choice, and cautioned market participants to not get ahead of themselves.

"A decrease in the policy rate is not something that is likely to happen in the short term," he said.

The ECB's Lane will take the stage again on Thursday while Bank of England Chief Economist Huw Pill will also speak at a another event, with any comments likely to influence the market given a bare economic calendar.

https://uk.finance.yahoo.com/news/range-bound-markets-awaits-powell-054329051.html

Baloney!