Call the FTSE bottom for this year

[suityou01]

Hairlair chaps. Found this link on ZH that is worth a quick read. It provides a simple then and now comparison between 2008 and now.

http://www.zerohedge.com/news/2015-0...rent-bear-2008

Edit : For Eirikur

8. Then: The U.S. dollar fell sharply from 2006 to 2008, and again in 2010 to 2011, boosting the overseas profits of U.S. corporations that account for 40% to 50% of total multinational corporate profits.

Now: The rising dollar has crushed the overseas profits of U.S. corporations. The soaring USD has also crushed emerging market currencies and stock markets, and forced China to devalue its currency, the the RMB (yuan)--a devaluation that triggered the current global meltdown in stocks.

[AtW]

The China bubble is finally bursting, every analyst is talking about it for years, that this would happen one day. So why does it impact Europe's stock exchanges so much?

Companies in Europe took the money in European stock exchanges and invested them in China?

[jamesbrown]

The China bubble is finally bursting, every analyst is talking about it for years, that this would happen one day. So why does it impact Europe's stock exchanges so much?

Just look at the exposure of European (particularly UK) banks to China. They're heavily exposed. Further depreciation of the Yuan looks likely, which will make dollar-denominated repayments impossible for many indebted Chinese companies. Beyond that, much of the demand has come from China in recent years. That looks to be ending, with a consequent impact on global growth and inflation/deflation. The markets are ultimately reflecting on the worst case scenario of a new financial crisis; that's what markets do, bring forward a possible future to now.

[PurpleGorilla]

Im calling the bottom at 3,250

[Martin Scroatman]

Apparently, and I am no expert on these things, the London property bubble is awash with Chinese money.

Wonder if that particular bubble is going to burst?

Personally, I'd be rather glad.

I don't like the idea of these aerial swimming pools which are the latest manifestations of excess to be proposed for our capital's skyline.

Such bling belongs in places like Doha, Abu Dhabi or Beijing. Not London.

Also it will stem the flow of smug metropolitan c*nts moving into Somerset and pricing out all the locals with their proceeds from the sale of a one bed studio flat over an Afghani kebab shop in Peckham.

[AtW]

Apparently, and I am no expert on these things, the London property bubble is awash with Chinese money. Wonder if that particular bubble is going to burst?

No, that one will be ok because lots of wealthy Chinese would want to have safe place ready for when the economy implodes in China proper.

[BlasterBates]

hmm this is shaping up to be an interesting market !!!!

Will this be a double whammy, Stock market/ Property Crash ! ?

Still think this will be over by September, but would more than welcome a major full blown crash

If not the fear factor will make it into an "overdone correction".

[DimPrawn]

2.

Not 2000 either.

[DimPrawn]

Also it will stem the flow of smug metropolitan c*nts moving into Somerset and pricing out all the locals with their proceeds from the sale of a one bed studio flat over an Afghani kebab shop in Peckham.

Not much meat on them though is there?

[BlasterBates]

The general sentiment coming from my broker "ticker" is that this is all overdone.

This just looks like an excellent buy, and will be "over by September" just keep the powder dry and wait for the whites of their eyes!.

just lots of Lance Coporal Jones's running round the stock exchange shouting don't panic-