Member Info for skier1

Merkel was a child member of the East Germany (USSR) Communist party and spent almost her entire adult political life in unified Germany cosying up to Russia. Quite incredible what happened.

S&P 500 is up +11% YTD.

FTSE 100 is up +5% YTD.

FTSE 100 is down nearly -1% today due to inflation worries. UK wage growth has reaccelerated, while European gas prices are soaring again. The BoE may have cut rates too soon.

UK mortgage repossessions have fallen by about -80% since the early 1990s. Less than 0.1% of all 28m UK homes will be repoed in 2024.

Citibank this week has downgraded LLOY to (effectively) a sell, due to the overhang of the looming car-loan DCA scandal costs.

https://www.motorfinanceonline.com/news/lloyds-downgraded-by-citi-amid-motor-finance-review-overhang/

Is Warren Buffett hungry and having a buffet?

The NYT was suggesting recently that Buffett has reduced his day-to-day interactions with his BH fund. Takes fewer phonecalls, fewer meetings, etc. Not unexpected, of course. He's nudging 100yo.

Is Warren Buffett hungry and having a buffet?

The NYT was suggesting recently that Buffett has reduced his daily interactions with his BH fund. Not unexpected, of course. He's nudging 100yo.

As predicted, the Dow and Nasdaq both plunged 1000 points today. Question, now, is where they go next.

Keep an eye on the Nasdaq. Futures are currently down -5%. Can it slide -10% in a single day?

FTSE is crashing 230 points. Dow and Nasdaq on track to shed 1000 points this afternoon. Panic is rippling around the globe.

Looks like HFEL could dip back again under the 200p level.

How safe is that HFEL 10-12% dividend, with Asia markets currently in meltdown? For example, Japan has cratered -25% in a month.

If you'd put £10,000 in LLOY a week or two ago, you'd have lost £1,700 by today.

VIX "fear gauge" index now back to Covid 2020 levels.

Nasdaq futures down nearly 1,000 points!

Know someone who lives near Bedford, about 50 miles north of London. Labour want to build 350,000 houses on her little village of 500 homes!

On a related note -- it went largely unnoticed, but the London stockmarket this month has fallen outside the top-10 global stockmarket rankings for the first time ever in 325 years...

Nikkei 225 -- the world's 3rd largest stockmarket -- has today seen its biggest one-day drop ever in its entire history! Asia is in meltdown.

The collapse in the Nikkei today is the biggest fall of a major global stockmarket since Black Monday in the US in 1987. The world is in panic again.

Nikkei 225 (Japan) collapsed a staggering -12% overnight!

Nasdaq is down -15% in less than a month. It's a tech wreck.

FTSE 100 is plunging. The £ is plunging. LLOY is plunging. Wealth and asset taxes are about to go thru the roof. Half the country is ablaze. Hope those who voted Labour or Reform are pleased with the election outcome 👍