RE: Lloyds25 Sep 2019 22:46
Wids ,
Thanks for enquiring , my life is calming down for this yr , buy all assets in my children's trust fund now , depreciation over 60 yrs , can now allocate more time to saving the world .
Spent 4 hrs yesterday with Barc Corp manager , inspecting latest acquisitions and upgrades , followed by meeting . Warning sign , Barc now offer 2 yr fixed rate 0.7% over loading . Bearing in mind our base is 0.75% . My deductions to my manager were that Barc was factoring in a base rate drop . Those figures speak for themselves , it won't do banking sector much good .
As for Carney , threatening a base increment following Brexit , I trust the hounds come after him like they've done with Boris . Carney is another establishment " yes " person , who's behind the curve .
Stay in PM and cash !!