stock market crash

[TheGreenBastard]

EURO STOXX = S&P's bitch

[AtW]

EURO STOXX = Pooper Scooper's bitch

FTFY

[DimPrawn]

We've got the BoE printer defensive shield - Brrrrrr - nothing can stop the madness. The only way is up. Isn't that the truth you're always telling me?


Cat: What, am I the only sane one here? Why don't we drop the defensive shields?


Kryten: A superlative suggestion, sir, with just two minor flaws. One: we don't have any defensive shields. And two: we don't have any defensive shields. Now I realise that, technically speaking, that's only one flaw; but I thought it was such a big one, it was worth mentioning twice.

Why won't the market look at your squiggles! What's wrong with the world!

[DealorNoDeal]

To many vested interests and lack of alternatives to put cash. Decent interest rates would soon put a stop to this nonsense.

Unfortunately, I can't see that happening any time in the near future.

Me and the OH have resigned ourselves to maybe never getting decent rates on our savings ever again (we're nearly 60).

[DimPrawn]

Don’t Let Technical Indicator “Tea Leaves” Drive Your Investment Strategy - Reuters

[AtW]

Don’t Let Technical Indicator “Tea Leaves” Drive Your Investment Strategy - Reuters

reuters.com/sponsored/article/tea-leaves

[scooterscot]

Unfortunately, I can't see that happening any time in the near future.

Me and the OH have resigned ourselves to maybe never getting decent rates on our savings ever again (we're nearly 60).

I give it 12-18 months before interest rates return to historical norms. And it'll shock the sheet out of everyone too.

Why do interest rates go up in the first place? (apart from trying to cool the economy and temper inflation). To attract inward investment is usually why a government down on it's luck with a rekt economy would put up interest rates. Think about what is about to happen, the plandemic, the Brexit... the economy is about to rekt beyond recognition. A new business cycle shall emerge (it always does) and at that point interest rates will sky rocket. Watch house prices collapse through the floor at this time (December - spring 2021).

[AtW]

I give it 12-18 months before interest rates return to historical norms. And it'll shock the sheet out of everyone too.

5-6%?

It will never happen now, more likely 5-6% annual tax on savings.

[DealorNoDeal]

I give it 12-18 months before interest rates return to historical norms.

After waiting 11 years for savings rates to go up, I'll believe it when I see it.

A lot of people have forgotten that when rates were slashed to near zero in 2008/9, it was only meant to be a temporary measure (not a decade or more!).

[AtW]

A lot of people have forgotten that when rates were slashed to near zero in 2008/9, it was only meant to be a temporary measure (not a decade or more!).

Just like the income tax....