Member Info for nomlungu

Repeatedly writing "Excellent RNS" does not make it any better - at this stage nobody knows if some of the parcel of mortgages will be rejected, leaving Metro with up to 10% the buyer thinks are no good.

Add in new Covid problems, no Brexit deal etc and things look bleak

This site is quite a good judge

https://mediabiasfactcheck.com/zero-hedge/

Marvelous mistletoe — and the 12 Days of Knowable!

[Knowable is an offshoot of Annual Reviews]

https://knowablemagazine.org/newsletter-archives/12-days-of-knowable

Monday madness - will it be Monday melt-down? First day of S&P trading for Tesla on Monday, and I am expecting a sell off before the new year.

When will the bubble burst? Or will it end up with a slow puncture?

Rosewall,

No data has been released by Pfizer about infectiousness; until such data is established it has to be presumed that someone who has had the vaccine and becomes exposed to the Virus may infect other people even though they do not end up ill themselves. Moderna have released preliminary data that suggests that their vaccine cuts infectiousness by 67% which means somewhere around 90% of the population would need to be vaccinated for life to return to normal.

There is still a long and uncertain road ahead. Efficacy and infectiousness must not be confused even though they will be repeatedly over the next months.

Troajan Pawn?

https://www.bloomberg.com/news/articles/2020-12-20/commodities-are-back-in-fashion-as-investors-get-ready-for-boom?srnd=premium-europe

"Prices have already jumped from their low point in the spring. Copper, iron ore and soybeans have risen to their highest levels in more than six years, spurred by a Chinese buying spree."

Pork gelatin is used as a stabiliser and shelf life extender in many vaccines. The Pfizer, Moderna and Astra vaccines are Halal certifiable [which will annoy some] as they do not contain pork gelatin but Chinese manufacturers are unwilling to discuss the contents of their vaccines.

Just what we need - Jewish and Muslim people having a possible religious objection [Indonesia; Pakistan; the whole of the Middle East]? I can even Modi purposely offering Muslims in India a vaccine containing gelatin as a way of advancing his Hindu Nationalisation policy [Hindu ra??ravada].

Good stuff for those expecting a "quick economic recovery". Long live the Banks.

FistDick says public irresponsible to pack trains and leave London before curfew; public say why allow us to leave London until Midnight if you did not want us to go?

Labour voter says one more nail in the Tory 'Coughin' but they wanted to inherit an economy, not a corpse beyond resuscitation. The Unrepresented voter decides to continue the taxation boycott saying he had not paid direct taxes [other than voluntary NI] for 6 years and had no intention to start again whilst these jokers are in power. Nom says happy he stopped sinning as no longer paying sin taxes either.

Fantastic "boost" for the economy; no-deal Brexit to add to the celebration.

Long live The Clown

Tight new Covid-19 restrictions which came into effect last night for millions of people in England are likely to remain until a vaccine is rolled out in a widespread way, Britain’s health secretary has indicated.

Matt Han**** was being interviewed in the last few minutes on Sky News, where he was asked by journalist Sophie Ridge if people who were waking up today in new Tier 4 areas – covering London and much of the south east of England – should expect those rules to remain until the vaccine is distributed widely.

“I think that given how much this faster this new variant spreads, it is going to be very difficult to keep it under control until we have the vaccine rolled out,” he replied, referring to a new strain of Covid-19 which has been identified by health authorities in the UK and which is surging across the south east of England. Cases have also been identified in Australia and continental Europe.

Later in the interview, he emphasised the fact that vaccines were already being distributed: “We can see the way through this but it is going to be a difficult few months.”

And for some the prospects still "look good". Those will be the same people with sufficient savings that they do not appreciate we live in a consumer driven economy and when people lose employment opportunities, then they scale back consumption which in turn damages employment prospects.

Then the negative feedback loop kicks in with one fact making the other worse in the old AIM placing game of rinse and repeat.

10 minutes late and cannot even be bothered to brush his hair. Little respect for us mere voters.

What a T-NUC

https://sacoronavirus.co.za/2020/12/18/new-covid-19-variant-identified-in-sa

PANIC! PANIC! PANIC! PANIC! PANIC! PANIC! PANIC! PANIC! PANIC! PANIC!

Boris wanted to be Father Christmas and ends up as the Grim Reaper. What a way to destroy the NHS.

There is a similar new strain in South Africa, The health authority there had this in a statement released yesterday (anecdotal evidence is not clinical evidence).

"In addition, clinicians have been providing anecdotal evidence of a shift in the clinical epidemiological picture- in particular noting that they are seeing a larger proportion of younger patients with no co-morbidities presenting with critical illness."

And people thought that they could see light at the end of the tunnel - the light may just have been from an emergency beacon unfortunately.

Link that opens:

https://inversezone.com/2020/12/18/copper-bulls-bet-green-agenda-will-push-metal-to-record-high/

at least nobody welded you - you could have got burnt

his nanny still looks after him

'Oh and the thing about 10% return'

The buyer will not be returning loans they want to keep - most likely just the duds they find in the parcel. Short term gain, long term pain?

Lloyds - went up because BOE said dividends can start again. Now they have not made enough money to pay staff a bonus; surely no dividends and the price must go back down?

Metro - sold £3 billion of mortgages for nearly 3% over book value - solves liquidity ratios; price likely to spike upwards. But buyer allowed to reject 10% of the parcel of loans so Metro likely to end up with the ones not worth buying and end up losing money in the long run. Price to go back down?

Economy XXXXed so who wants to own bank shares anyway?

They thought there were only a hundred of so in the morning - they did not think that people would have reversed into tunnels to get away from the snow.

Get around paywalls on Scientific papers; search the 85 million papers after installing a script on Chrome.

https://sci-hub.se/