Ha ha ha... she made an ass of herself 'Down Under' as well, trying to get people there worked up against the Chinese. The Labour leader put her, and Not so Great Britain down beautifully.
"day trading is gambling these days."
No s--t Sherlock. Ask Dr. Shotgun.
Track FTSE futures and S&P (New York Traders will be at their desk) and you'll probably have your answer.
Here you go Shotgun... some numbers on the Banks. And why I think Stan is the outstanding value. (Source: HL Research).
Just to put the p/bv figures in context, JP Morgan (undoubtedly the best quality Bank in the world) is on a p/b of 1.84
Lloyds key facts
Price/Book ratio: 0.71
10 year average Price/Book ratio: 0.88
Prospective dividend yield (next 12 months): 5.1%
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HSBC key facts
Price/Book ratio: 0.56
10 year average Price/Book ratio: 0.90
Prospective dividend yield (next 12 months): 4.6%
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Price/Book ratio: 0.28
10 year average Price/Book ratio: 0.73
Prospective dividend yield (next 12 months): 3.3%
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Ya I post on the Lloyds BB, shotgun, cos there are more m'or.ons on this board, which is good for a larf. Like the clown who claimed this morning that we pay for Russian and Chinese military expenditure. Fick isn't the word for it.
Wouldn't worry Johnny. We've got both sides covered... coming. And going. :-)
Wise bear... mine's bigger than yours. But you'll need a high power microscope to see Shotgun's. :-)
Theosis. Stop fighting bl00dy wars to show how "important" (sic) we still are, and we may, just may, have a chance of building a Sovereign Wealth Fund on whose income we can rely.
The Norwegians, Japanese, Qataris, Germans have better things to do with their money. I resent our tax pounds paying for military vanities.
Let's agree to disagree. I'm not saying it'll all go into US stockmarket. It'll go into Treasuries and the Dollar. This has been so for 35 years at least. No reason why not again.
In any case we are in for some (short term) pain. No need to panic.
It's a traditional safe haven for the Yanks, Fleccy. And I forgot to say the money flows into the Dollar as well. Any small yield advantage that Gilts etc have will be wiped out in less than a minute by the exchange rate.
By the way, Emerging Markets are even worse hit. It will be interesting to see how Gold and Commodities perform. In the past they have held up.
I used to be a Fund Manager fleccy going back to the mid 1980s. This has always been so. I recall the 1987 'Crash'.. my U.S. Bank's Portfolios came out very well (down 0.25% against the market's 25% on some of its worse days) because we had moved into Treasuries and Dollars beforehand.
I'd really really really like to agree with you on the FTSE decoupling fleccy. What tends to happen with "crises" (manufactured or otherwise... the British have always been fools to fall in with all this. But it will be a convenient diversion this time from Boris' problems) is that the massive tsunami of American money (which dwarfs all others) flees back to the U.S... and into US Treasuries.
This lowers yields and hits the Banks big time. We are seeing it now.
Oh do shut up with this swivel eyed "Reds Under Your Beds" Nonsense, skier.
As is Vodafone. Some M&A chat over the weekend. I don't think VOD will be a target. but who knows?
Where is Shotgun? I'm getting withdrawal symptoms...
The brain is a complicated organ. Scatter Brain. One never knows what goes on inside. Take a rest. And some tablets.
If your fantasy holdings are anything like your Scatter Brain, they must be an absolute shambles.
Has anyone done a count of the number of garbage posts in the last two days by Scatter Gun on this Board alone? There is a really very serious problem there.
Why is there a car stuck bang in front of their face? This is a clown show.
Plato needs to rename himself Pleonastic!
Again over 2 hours of non-stop writing. Pleo, save yourself the effort... no one reads it. Too much effort.
Good God. Plato's been typing non-stop for 2 hours and 19 minutes...