Member Info for Wids

Jayfax - wherever you are in the world, it boils down to three things. Money (wealth) Debt, and PEOPLE. Money printing effects all, makes folks feel richer, then poorer, then the PEOPLE kick off when they sober up. The liquor is being removed in EU soon enough, then expect 26 hounds barking at the ECBs door. Correction: 25, das hund will be missing.

Livestock - yeah, but not many have heard about Bilderberg, let alone it's agenda - the power men.

Jayfax, the reality is the EU is financially fcked up with increasing unrest through out the union. End of year the bond buying will end followed by everything the ECB tried to avoid, only they've made it bigger and worse. If things deteriorate (data dependant) the ECB will step in again to blow up the financial Ponzi even higher and going nowhere. If you can't see what's coming you're deluded. It can't grow its way out, it can't print it's way out and certainly can't control the politics going against it. So if you feel you need to remain part of something with an inevitable ending - fine by me - each to their own.

Financial armageddon. For the UK or EU? The EU probably won't exist in 2030 as we know it today But there we are - we shall see.

A bit like the rapidly slowing EU? and bank stocks. Primary trends at an end? More crap EU data out today. Brexit is a convenient excuse for Lloyd's poor performance - look elsewhere. Banks/financials generally deal in debt issuance in an over indebted world, and given the postion in the cycle and QT and hikes, is it any wonder they're unloved - nope! Recession? or worse of course. We'll be in good company without doubt.

Again why is that?

Andy 9.50 post. Yes right! Why do you think that is? Regards 10.57 post. Who said it wouldn't? Reality is Lloyd's is detached from the FTSE moves, over five years by around 24.5% and currently by a year around 13% diff. If you feel it's a Brexit issue, then move into stocks driving the FTSE higher. Regards recession, we are late as cycles go. But that's due to cheap money and CB interference fuelling and propping markets up.

Mick - did you bail in the end?

You need to get events in order. Lloyd's topped out way before a referendum was announced, let alone the result. UK/EU and most of the world's economics are dimming including EU banks, who are the basket cases of this world. It's not a Brexit thingy however much you want it to be. The real reasons should be fairly clear.

I wonder how many fell for the hype of buybacks sending the SP north - Quite a few I guess. Investing is about grabbing what's on the table at the time, not some delayed hope or wish in the future. Risky, I warned about it many times. It's a no brainer, the replys come back. Now it's "it'll come good" - maybe it will. Meanwhile seeing the Lloyd's portfolio going south instead of North, time to reflect on all that wedge missing from the back pocket.

The ECB has been printing money and buying Eurozone debt roughly 33% faster than the economy of the Eurozone has been growing. As if that weren’t enough, the ECB bought significantly more bonds in the last year than the entire increase in the national debts of all the Eurozone countries combined in 2017. To repeat that, the ECB is printing money and monetizing debt faster than all the governments in the Eurozone combined can borrow. Good luck with that

Calisto - No ain't going to. All I'd say is box of matches, bag of popcorn, a deckchair at Dover and a pair of binoculars. The clue is in there somewhere. Cash at the ready.

Let's get real fellas. The EU is fcked and the ECB realises it's shafting itself. Economic data is cat after all the APP. So, it's get a rapid fix by Dec18 or hope the data gets worse so the ECB stays aboard the EU sinking ship - same old. In short, no new purchases, maturing ones to be reinvested, rates on hold for a year - data dependant. Translation: Outlook grim for all those zombie corporates. After all the asset purchases, Zero rates, it's as fcked as it ever was. Best take your pension Mario and clear off and avoid Milan.

Hehe, and catipult all those zombie EU companies into oblivion.

Never in a million years would've figured that.

The EU pin up boy Mario opens his trap at 1.30. He's definitely lagging behind the US regards QT, so today's briefing is one of his most important. Raise them rates baby - pull the pin!

UT, yes it had to pass the taste test. The next stage will be to relabel the bottles - Rodney's on the case finalising the art work. Junckers face with a frankfurter in his gob. The beer will be called "Up Yours" and beneath "best consumed on or around 29/3/19"

He does. In good company with Mervyn King. Greenspans disciple Bernanke is opening up now....lol. Won't be too long before the the pin up girl follows suit.

Of course. The duty on my pocket is less, that's the bit I like.

He made serious errors Troajan and he knows it. Feel sorry for the guy