CV 19 has mutated , so the present vaccine and lockdown are a rather pointless exercise .
https://www.dailymail.co.uk/news/article-8914515/Denmark-cull-minks-17-MILLION.html
Wids,
Judging by our Chancellors behaviour , and the rest of his colleagues in the Western World , they are laying the foundations /excuse for our new Digital currency .
DC,
Don't get defensive with LTI , he's our resident troll , amongst his many other flaws.
DYOR . Lol
LTI,
"A share price of a company is not determined by the amount of dividends paid out to its shareholders.
How much did Lloyds pay out in dividends in the years 2010 to 2014?"
You make Lloy sound like an AIM P and D , no good as as a long term investment , judging by above .
LTI,
"I think the vast majority of shareholders would say that it is Covid 19 that has destroyed value not only for Lloyds but many other stocks as well."
The bull run lasted 10 yrs , the bubble had to pop at some stage , had it not been CV it would have been some other variable .
At this moment in time , we're all still spectators of the bigger picture .
In due course an inquiry has to be held , perhaps in 2 yrs time once this mess is over . To me it looks there's much Political back covering , leaving Han**** , Whitty and Vallance to carry the can when the Stats get throughly analysed .
It galls me to read NHS has recently moved Senior patients out of Hospitals back into care homes , without testing first for CV , causing a spike in bereavements . In only 8 months they've forgotten the lessons of the first lockdown , that's our Public sector for us , no accountability !
We've all been spanked at some stage in the private sector for mistakes , our Public servants are rewarded with failure . It frustrates me , no one is going to change this system .
G13,
With a view to keeping debate balanced , buy the rumour sell the fact :-
"Much of Europe is hunkering down for the second wave of the pandemic, and the economic consequences could be catastrophic. Covid has tested the resilience of corporate balance sheets across the Continent and in Britain and is placing enormous strains on national budgets. Layer on top nerves in the run up to next Tuesday's US elections and Britain's still unresolved Brexit trade deal with the EU and there is maximum stress. "
https://www.dailymail.co.uk/money/comment/article-8890019/ALEX-BRUMMER-Stocks-gripped-fear-Covid-19-second-wave-looming.html
Buying on a peak not very clever .
Lloy CET1 will almost get wiped out next yr .
"Buyers, particularly the wealthy, have returned faster than expected to the market, but some experts think the boom is set to peter out.
The Centre for Economics and Business Research, a consultancy, predicts a 14 per cent fall in average house prices next year, saying the market is being artificially buoyed by the stamp duty holiday.
“Throughout August, the UK housing market defied gravity yet again, with unofficial measures putting average prices at record highs,” said the CEBR. “This is at odds with the wider economic turmoil.”
https://www.ft.com/content/16f82139-8fe2-49a8-93a0-27004489bb6b
G13,
With a view to keeping debate balanced :-
"But is the housing market boom likely to last? Two factors behind it are temporary in nature: the release of pent-up demand after lockdown restrictions on the sector were eased in May, and the government’s move in July to introduce a stamp duty holiday, with home buyers paying no tax on the first £500,000 of any transaction in England and Northern Ireland.
Buyers, particularly the wealthy, have returned faster than expected to the market, but some experts think the boom is set to peter out.
The Centre for Economics and Business Research, a consultancy, predicts a 14 per cent fall in average house prices next year, saying the market is being artificially buoyed by the stamp duty holiday.
“Throughout August, the UK housing market defied gravity yet again, with unofficial measures putting average prices at record highs,” said the CEBR. “This is at odds with the wider economic turmoil.”
https://www.ft.com/content/16f82139-8fe2-49a8-93a0-27004489bb6b
Naturally , some folk will always maintain it won't affect lloy .
What a corrupt and F'd up world we live in . Can't fault your book Wids , it now transpires QE only serves to prop up DOW and hence International indices and crumbs trickle down to Society . Society will revolt eventually against being burdened with further debt and taxes for no enhanced feel good factor .
TP ,
The future is bleak .
Wids,
Slowly working myself through book . Some chapters are so detailed with info , have to read them twice .
Since Nixon de-coupled Dollar from the Gold standard , it tells us US has lost 80% of its purchasing power .My logic tells me the rest of the world benefitted and wealth was spread Globally .
Bearing in mind China is buying Gold /hoarding like it's going out of fashion and acknowledging you're more knowledgeable in these matters than myself , do you think any nation will return to the Gold standard ?
Not a loaded question , simply intrigued .