J46 As an aside - also base rates did not rise swiftly in 2007 so more nonsense to add to your cause of recession nonsense. Jan 07 base rate was the same as Feb 2008 rate, with tiny movements up AND down in between. What followed due the the GFC was a swift reduction in rates to 0.5% in March 2009.
J46 ''We know MPC members aren't the brightest bulbs in the pack . Last time they raised rates so swiftly in 2007 it caused mother of Recessions .''
And yet more nonsense from you - is it never ending.
What have UK base rates in 2007 got to do with the great world financial crash -It was the American real estate market with MBS's - and with an enormous amount of derivatives linked to those MBS's that was the cause of recession when the market burst. Too much sub-prime lending.
RE: Increased dividend and USD 8.5bn share buyback3 Feb 2022 21:37
I would be happy if Shell continued with further buybacks at the same level as the 6 month programme just announced if the share price continues to remain at low levels.
must be looking forward to the announcement of returns in a few weeks time along with full year results. Shell going very well since my purchase at about 860p - they have announced a 8.5 Billion dollar buyback- Lloyds BOD - over to you.
RE: Re: Quarterly inflation report!!!3 Feb 2022 18:49
tfe With potentially having x+5 to spend with all restrictions being lifted compared to the current covid restricted spending of x - because of energy increases, spending on other things may only increase from x to x+3 .
cook ''ave of 110'' I have an average above that - having sold at about £5 over 6 years ago giving myself virtually free shares on my remaining, I started purchases back at too high a level (didn't seem it at the time), but nevertheless, I am very comfortably sitting on BT shares at a greater capital value than cost
cook As you may know, I bought at/near the low in May 202, I am in no hurry to sell any, but of course I will at some stage in the future decrease my share count on the rise, but not at the current level.
cook I never use stop losses . I was fine with the BT results. News of a joint venture today rather than the possibility of a BT sport sale. Drop to a low of 182p today seemed a bit overdone. I have been and will be in BT for a very long time.
today for any new investor wanting to get on board for a longer term investment. Is the large drop today (low 182p) warranted just because of a joint venture rather than a sale?. I don't think so.
cer The market was 99% expecting a rate rise. News of some MPC members voting for a larger increase was released, possibly contributing in the spike in share price. The market has digested. Lloyds currently back to being 0.6p up.