Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Investors pay a premium for growth, the company profits would have been priced in. The movement in the share price is related to the oil price and what the future growth may or may not be.
Economically it benefits the rich. Zero doubt about it. Everyone else? Higher house prices caused by rampant immigration (EU migrants being part of that) causes higher rents and mortgages and less disposable income. Limitless supply of cheap Labour from the poorer EU countries means lower wage inflation here as employers have no competition for employees.
Higher immigration means higher pressure on public services including the NHS, Schools, Roads and public transport.
The rich like the higher house prices, it makes them richer. They like the cheap Labor, it makes them richer. They don't care about the NHS waiting times, they go private. They don't care about classes sizes in schools getting bigger, or schools being over subscribed, they go private.
They don't care about the congested roads, they live in the most expensive areas nearer to their businesses.
The rich love the EU.
The poor hate it and with good reason.
BB,
I makes sense to me economically for the simple reason... the EU is only 15% of global trade, and whilst a member of the EU their protectionist regulations mean we can't make full and free trade deals with the rest of the world. The way Brexit is being handled we could end up out of the EU with no other details negotiated because being in the EU has prevented us from negotiating them (and having a remainer for PM).
So even if there's some short term pain, I couldn't care less... it's only part of the journey for taking back full control of our country. Especially it's borders.
The selfish remoaners can harp on about money and economics all they like, they can't win the immigration debate and that's the most important thing to leavers. So they are swimming against the tide.
3 lovely shorts cooking nicely :-)
https://www.tradingview.com/x/jIIGICJK/
"No JMO, i just like prodding the injured animal!
ATB"
Think you need to go to specsavers 2CV. Remain lost. Your remainer Prime Minister still has to get her Remain dressed as Brexit plan past parliament, and then Parliament need to get themselves past the electorate. :-)
He's stressed BB... he's up every night worrying about his financial situation as he lives in the EU. The little guy stuck his/her fingers up to exploitative globalisation and rampant immigration... and now 2CV is one of the casualties. :-)
It's only a matter of time, the AFD is the fastest growing party in Germany.
The indices dropped like a Brick in the USA. Potential additional tariffs on $257 Billion of Chinese goods. That's the remaining imports from China.
https://www.cnbc.com/2018/10/29/us-plans-new-257-billion-china-tariff-wave-if-trump-xi-trade-talks-fail.html
The indices dropped like a Brick in the USA. Potential additional tariffs on $257 Billion of Chinese goods. That's the remaining imports from China.
https://www.cnbc.com/2018/10/29/us-plans-new-257-billion-china-tariff-wave-if-trump-xi-trade-talks-fail.html
Saw the speech before, ages ago. It's nice, emotive, idealistic. But not remotely realistic.
Spread betting account says US GDP came in higher than expected, so it might cause interest rate raising fears again. Dow + S&P will determine.
There's no guarantees, but the 3 of them could be heading towards yesterday's closes to try and close the gap.
And again look at the difference, our FTSE's in the middle.
https://www.tradingview.com/x/9VYSsPvt/
Just to show you what I mean... The German Dax (Left) and French (CAC40) Right are only just breaking through the McGinley Dynamic, but the FTSE is already above it.
https://www.tradingview.com/x/iBzTSxke/
When I say a run I don't mean a big run, I mean from a short term daily perspective after a big drop. The longer term charts are negative at the moment.
I'm day trading the indices again... The French, German & UK indices are all trying to find their floor and break through the McGinley Dynamic (Light green line top box)
The Middle one is the FTSE, out of the 3 of them, the FTSE is the one trying it's hardest to go on a run. What I think we're seeing is the over inflated French and German indices taking more of a beating, and our FTSE not as much as it's been depressed for months due to the uncertainty over the Brexit fudges...
Erm I mean top class negotiations from a Brexiteer Prime Minister... cough, splutter, erm Remainer
Theresa May has done everything possible to sabotage Brexit, with her co-conspirator's the EU commission. The elite don't want to deliver democracy for the people. Their actions never match up with their words.
Theresa May's Lancaster House speech has turned out to be absolute lies. And before any arrogant remainer replies with "is that you just realising this"... or words that that effect.
No, a blind deaf and dumb donkey could see that installing a Remainer as the leader of Brexit (because that's what she is) was a clear move to water it down to Brexit only in name, remaining in the EU by the back door, with the ultimate goal of reversing it.
ECB 0% unchanged
Durable goods orders +0.8% against a forecast of -1%
215k against a forecast of 214k, tiny bit extra so no surprise.
Markets rising due to this.