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Unless Putin calls a cease fire I cannot see inflation dropping to 4% this year. Fossil fuels could be used way beyond 2050 unless there is a big change brought about by China and India; the stocks are there to go well beyond the end of this century. Oil is still being discovered and new coal mines opened up. Yes its horrible but many don't care and also look at the damage we caused here in Britain. We are viewed as hypocrites, and to an extent we are demonstrating that we are. JJ
Rain generally is a help for clothing retailers in March - cannot agree Neil. March is when MKS expect increased demand for the summer wardrobe. Rain caused a mess and discouraged people from getting out to shop. Yes there is the online offering but many want to see what they are buying and to check that it will fit.
I agree with your medium term view when buying, investing but, the markets have become very aware of short term issues hence the MKS price has dropped 5% in a week. JJ
Chilting, your post on Wednesday got me thinking. I don't know if you have experienced many periods of high inflation. I'm retired and my company pension is not fully index linked so inflation is very worrying, and of course I'm not alone in that. There are signs that inflation will not have halved later this year so it will be destroying the incomes of many. Fresh food prices will fall as we eat the home produced salad stuff. But fuel costs could start rising again so that there is a lot not to be complacent about. JJ
Cyber, could you elaborate as I view rises in rates as making a bank more profitable and therefore impacting the share price in due course. Your view is supported by the market in that the share price has fallen a long way since results time. I'm missing something with bank shares generally as 'fully expected LLOY to be closer to 60p, and NWG to be over 300p. Any thoughts you share will be digested carefully. All the best. JJ
Cyber, are you suggesting that another rise in interest rates will be bad for MTRO?
When Dan talked of a turnaround plan he wasn't able to factor in the rate rises, which on balance have helped the banks, but not necessarily their customers. JJ
Some nonsense spouted under this heading today. If you look at 19th and 20th century history you will be able to see how the Welsh have been ripped off by the govt in London. Please educate yourself and then a good quality debate can follow. I am English and have spent time living in Cardiff. Good luck with the gold, it is there. JJ