Member Info for Wids

That's right Shrimper. Insolvency has alot to answer for...lol

JC Penny almost filed today. Didn't stop the directors collecting their bonuses - incredible.

Wids
"What is your reasoning to suggest that the FTSE 100 was overvalued before coronavirus. If you think that, that is. On what basis? "

Crowcast, never mentioned the FTSE 100. Don't pay any attention to whether under/over valued - to me it's irrelevant.

"When a vaccine is announced the world and its dog will buy , you will be in a line of investors who have missed the chance."

Boldboy, you're increasingly coming across as a desperate ramper.

That's right Gate. Everyone herded into risk assets. Fuel it with fake money everyone's on a high, so they think.

The virus got in the way. Beyond the virus the bad stuff is still there - but worse. Opportunities await and I'm waiting. GL

Gate, they are overvalued and you know it. It's a case of what you have be careful you don't lose it. Sadly not the case for many.

Trend is your friend, always was and will be and people forget that. Investing today is not how you once knew it - only one player in the casino, that is bad news. Keeping one's a rse attached is number one priority - once gone it's gone. GL Dyor.

Imagine the markets being a hot air balloon. The gas burner being the hot air. All you need to figure out who the operates are.

There's only one problem with gas bottles.

HSBC approaching the GFC low.

ERV morning. It's a world of nation's debt decease. Understanding how we got here is the easy part. Correcting the problem and in which form will involve pain. Growing your way out is a non starter.

"An imbalance between rich and poor is the oldest and most fatal ailment of all republics" - Plutarch

A decision for the next generation - it will fall at their door.

Rosewall, the BOE doesn't have money. They print up fake currency or borrow fake currency.

Brown flogged the real Money - a true Berk.

Forget the FTSE and other indices, they are miles apart from the real economy. Pre Covid the economies were rolling over due to Debt (Sept19) is evidence of that.

What's changed now is people's habits. Governments can't control how and how much you spend, it's a consumer lead economy. The bad news is the fix to make you spend and not save is already in the pipe.

At the end of the day what really matters is the purchasing power of your currency, not indexes or stock market numbers, but stuff in your pockets.

Less freedom, more control, more regulation - how times change.

It's BOE speak for.....

We do the spending....You do the paying - don't tell your kids ffs.

Too hung up on Positive/Negative narrative. The one that matters is Realism. You live or die by the liquidity tap which has fuelled this chitshow for the passed decade - it's now in overdrive.

Long-term holders have been fleeced, sitting on paper losses, and imo won't be getting better anytime soon. On a positive, new money will come in when the crap is cleared out, assets are still way over valued. Time, if you run out of it - you're done.

In the Euro/EU area fell over double that of UK. Don't like comparing - but just did.../S

As goes Wells Fargo, so goes Lloyds.

Tesla, what could possibly go wrong.

ERV, nice touch. A bloke you'd want in a "pals brigade" loyal and committed.

Cornflakes fixed my gut feeling.

You can't beat a bit of gut. No need for paid analysts no more.

A bit of common and gut - done!

Same goes for corporate bailouts. Sink or swim, leave the tax payer out of it. AHO no doubt was reminded of moral hazzard and bail-ins recently, wasting money on buybacks at market highs - he'd be the first in the firing squad.

If these companies were nationalised, prices/fares will go up. Otherwise the government would be subsidising itself. Governments are No1 at fking things up - it's not there place.

Nope, given what's coming recession ect and effects of. A banking crisis worldwide is likely.

ASP, the UK has as much chance of a V shape recovery as the US - Zero. Even U is optimistic, so that leaves L.

You can always rely on BS from BOE - feel good factor to bolster consumer confidence.