RE: Not trying to be negative27 Jun 2020 23:46
Newbie you are allowed to be negative, dont let anyone tell you any different! There are so many negative things that could happen you have every right to be worried about what could happen going forward. Its actually wise to be slightly negative as it stops you from making some mistakes.
There are also some positives out there but imo far more negative at the moment that could happen, USA rates spiking is just a headsup as to whats going to happen here in a few weeks or so and when that starts to happen people will get panicky and will sell on fear. Then you have to look at how many people have lost jobs and are going to lose their jobs, this imo is one of the bigger factors that people seem to be forgetting, once the furlough scheme changes and goes away many people will have no jobs so add that to the ones who are already lost their job! How about half year results! Those will be very interesting! Then theres the money being pumed into an already inflated market making things look far better than they are! Etc, etc, blah, blah, blah, yes all negative BUT things no one should forget about!
Mark my words there is another big drop coming at some time this year, if not then its only down to one of 2 things, trillions more being pumped into a broken system (Most likely) Or a vaccine (Not so likely just yet) Which could stall that drop!
I hold IAG but I'm not blind to the dangers that lurk right around the corner, dont let anyone fool you otherwise!