BOE interest rate cut this week...

[Viktor]

Comm'on, forget about the credit crunch, it's all over...BOOMED....

[AtW]

Hopefully 1%, I am shorting the pound at the moment...

[Viktor]

So the well-known declared enemy of short-selling is shorting the mighty pound, can't believe this...

[DodgyAgent]

I think you will find that we have yet to see the worst of all this

[Viktor]

Not according to the Oracle in Swindon, fill yer boots I tell ya!!

[AtW]

So the well-known declared enemy of short-selling is shorting the mighty pound, can't believe this...

[BrilloPad]

HAB - why did you vote for no change?

[AtW]

HAB - why did you vote for no change?

He is just being an arse.

HTH

[HairyArsedBloke]

HAB - why did you vote for no change?

0) Just to be different!

1) I voted for what they should do not what they will do.

2) Given 0 & 1, it will not help. I'm in the 'pushing on the string' camp. The BoE have cut rates and it hasn't done a thing at the other end.

3) Although we will have more short term deflation in most asset classes, there is a large inflation bubble building. One the is not going to be covered by earning growth.

4) defend the pound, protect those on fixed incomes (i.e. pensioners), etc.

[BrilloPad]

0) Just to be different!

1) I voted for what they should do not what they will do.

2) Given 0 & 1, it will not help. I'm in the 'pushing on the string' camp. The BoE have cut rates and it hasn't done a thing at the other end.

3) Although we will have more short term deflation in most asset classes, there is a large inflation bubble building. One the is not going to be covered by earning growth.

4) defend the pound, protect those on fixed incomes (i.e. pensioners), etc.

Personally I disagree. Risk of deflation next year. If deflation sets in it could get really nasty. Could make current conditions look benign.

Though I do agree with point 4.

And I reckon it will be 50bp cut - though I would like 100bp....