Member Info for southcoastbather

UK market is probably sick to death of the lockdowns and restrictions continually being extended, we can guarantee they will be over in sept when furlough ends though!! imagine all the people on furlough being told to they cannot go back to work and will not be getting paid either...

I wonder if they will end restrictions in 2 weeks with the hope of government looking like hero's...

guessworx I don't think you have listened to what the bank bosses have already said tbh, repayments are already above the levels they had allowed for and also bounceback loans are government backed (They also said not that many people had taken payment holidays). There is going to be one hell of a recruitment drive also, most people I speak to who are recruiting simply cannot find the staff.

Then there are the people comparing this to 2007 ! I think anyone comparing this to 2007/2008 is severely out of touch - getting a mortgage since then has been much much harder and rightly so after what happened . All these people buying now and driving the housing market higher will be going through stringent financial checks for affordability and also big amounts of equity being required to buy.

As for winter lockdowns can you imagine if that was attempted after furlough ends!? there would be carnage on the streets.

How can you tell the public the vaccine is the way out and then do further lockdowns once the population is vaccinated?! its ludicrous.

UK vs USA markets in general -UK has performed poorly compared but there are still amazing opportunities... that said I only trade UK markets anyway and literally LLoyds exclusively since May last year.

UK market keeps getting suckered by the Dow, ie the Dow opens up then falls after UK market shuts... if the Dow holds its current level or above into close I would expect the UK to open higher in the morning - but yes the USA market kills us ! we follow the rises but always at a lower rate of increase and always copy the drops and then some! UK market is a joke over the last 25 years if you compare the 2 but there has been some great opportunities in the last 12 months Lloyds being one of them.

Hey hardup, I've never posted on lse before under any ID, I am very positive on lloyds but it does suffer pullbacks due to the volume it gets traded - this is the city boy brokers/traders bread and butter ! check the history of the sp - 35p/40p/45p/50p, those round numbers always see a pullback although not as big as the current pullback/consolidation. I am expecting 60p by xmas and a lot higher next year when we are back on track a country.

Currently in a big consolidation to push properly into the 50s, this ship is taking on new passengers as a lot that bought tickets under 30p will be exiting the journey now scared by the slow down of the ride. What has just happened at 50p will happen at 55p and 60p... nothing goes up in a straight line.

Lloyds does lag behind other banks like RBS and BARC due to the fact it is over traded, check the chats for all banks on a daily basis and it will give you an insight into this, when lloyds drops 2pc every man and his dog are here shouting the world will end, the same on RBS and not a single comment.

The restrictions being extended is not helping plus US markets taking breather has also affected the UK markets, banks have had a terrific 6 months also so a cool off was needed.... Economies need to move forward now.