RE: IF...30 Dec 2020 14:40
Sticking my oar in. The vaccine and brexit are not priced in 'as such' - they both still have great potential to affect share price. Vaccines clearly gave the share price a boost a while back - it was the first sense that we might be turning the corner. Whilst covid rages on, businesses & economy are far from their potential, which in turn affects UK focussed Lloyds massively. We now need to see a sign that the mortality rate of the disease is coming down due to the vaccine and we can start to return to some type of normality. Any indication of this and there will be another surge in SP. However at the moment, it's more likely that we are locking down further which is putting pressure on the price as the economy stutters again. On top of this, the brexit deal was important, but more in that it saved a disastrous no deal. I suspect we will have teething problems and the transition will stay in the news for the first couple of weeks. In my opinion, this is a buy and hold for long term.