RE: Caution in UK Shares Today, Tuesday 12 January 2021 (Reuters)12 Jan 2021 11:14
They cannot afford to let the markets tank, period. As much money as is necessary will be pumped into the economy to shore things up and the markets will benefit as a resultant. And, particularly where it counts more than anywhere, in the US, with another $1-1.5tn (TRILLION!!!) expected to be pumped into the economy. Inevitably, with lockdown, a healthy chunk of that will be coming Boos way in the US! So, whatever nonsense they are spouting over here, it's just a manipulative shake to acquire before the next rush upwards. Also, with QE over here, the reality is that Boo, of course, is destined to benefit from some of that newly printed money also, hence the reason I believe the sp is going to completely confound those who have lost their nerve, panicked and sold out. I predict a lot of foul language, table banging and self loathing, come the next few days/weeks as Boo becomes another one of those golden shares that got away for those who ran to the toilet.