Originally posted by Highland
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State of the Market
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Originally posted by Highland View PostUS futures are 11% down? Where?
But they reversed overnight on stimulus hopes which is weird as the economy is not going to recover for many months is it!Comment
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Originally posted by uk contractor View PostFutures Investing News - MarketWatch
But they reversed overnight on stimulus hopes which is weird as the economy is not going to recover for many months is it!
Dow 30 Futures - Investing.com
They were never 11% down - which is a relief for everyone I'm sure!Last edited by Highland; 17 March 2020, 09:23.Comment
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A reliable source told me this about an old client of mine: this client (banking) did the usual blanket assessment and put everyone inside ir35. Some of contractors left, some stayed and agreed to switch. Now a lot of these new inside contracts that were supposed to start in the next month, have been pulled by the client.
A blessing in disguise if you ask me; those contractors who are now bitter and worried about the upcoming bench time will smile in a couple of years when hrmc does the retrospective investigation we all know is going to happen.
With these contractors leaving, will projects suffer delays? Not really, an indian consultancy has already got its hands on all these projects.Comment
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Originally posted by PCTNN View Postwill projects suffer delays? Not really, an indian consultancy has already got its hands on all these projects.merely at clientco for the entertainmentComment
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Originally posted by Highland View PostThe US futures markets went to 1% up almost immediately after the bell yesterday and have stayed +ve ever since.
Dow 30 Futures - Investing.com
They were never 11% down - which is a relief for everyone I'm sure!Comment
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I got worried that they might shut down the markets to protect the “establishment” so closed my positions and pulled money out...Comment
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Originally posted by GigiBronz View PostI got worried that they might shut down the markets to protect the “establishment” so closed my positions and pulled money out...
However - preservation of cash is never a bad idea. Who knows what the next 6 months (minutes? years?) might look like.Comment
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...How about that topic the state of the market, anyone landed contacts recently, any leads, benched and if so how long?
Sent from my iPhone using Contractor UK ForumComment
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Originally posted by GhostofTarbera View PostLloyd’s buddy just called me up, Lloyd’s are letting go 50% of his team (his team made up entirely of contractors that turned permie 4 short weeks ago) as on probation period they just get 1 weeks pay
Let the permie kulls begin
Sent from my iPhone using Contractor UK ForumIf UKIP are the answer, then it must have been a very stupid question.Comment
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