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FTSE100
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FTSE loses 1% = THE WORLD IS GOING TO END!!!!
FTSE gains 1% = footnote paragraph on the business pages
It's not unknown for turbulent weeks where one day the market goes up 1-2% with no comments then reverts back to the previous day's figure the next day with bold newspaper doom-merchant stories.
You'd not know it but there have been a lot of stubborn individual small investors who refused to sell out at the bottom who have seen their shares rise quite impressively over the last few months. -
Originally posted by Jeff Maginty View PostWhy is the FTSE100 relatively high at the moment?
I would have expected it to be somewhere between 4000 and 5000, considering how f**ked the economy (UK, Europe, World) is at the moment.
And who are you to decide what the level is based on world economy ? Gordon Brown's PA ?Vote Corbyn ! Save this country !Comment
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Don't understand the economy but maybe its because other investments (except gold) look even worse?bloggoth
If everything isn't black and white, I say, 'Why the hell not?'
John Wayne (My guru, not to be confused with my beloved prophet Jeremy Clarkson)Comment
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FTSE100 has got a fair few firms that do very well out of commodities plus rampart money printing that is going on now increases paper profits but steals wealth.
Next stop: FTSE100 at 50,000 and loaf of bread for a £100,000.00 banknote with Merv's own picture on it.Comment
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