Reply to: Vote - how will the market react

[TwoWolves]

Currency traders (many of whom are Brexiters) pushing the pound:

I was working on the trading floor at UBS when the EURO was launched and recall the currency traders laughing over how the new currency would never work but they'd still make a mint out of it and stupid arrogant politicians would shovel the money into their gobs.

The PIIGS paid the tab..... up to now.

[TwoWolves]

Funny old world.

Was reading this thread at 21:27 whilst listening to BBC news.

A talking-head BBC "City" reporter was on, I wasn't paying much attention to him but caught him saying this:


"I spoke to people in the city today and they all agreed that if there was a crushing defeat the pound would fall ... what has happened? The pound has gone up".

You can guarantee the BBC reporter spoke the biggest idiot he could find who conformed to his Guardian-esque world-view.

A smart man would never speak to the BBC.

[tomtomagain]

Funny old world.

Was reading this thread at 21:27 whilst listening to BBC news.

A talking-head BBC "City" reporter was on, I wasn't paying much attention to him but caught him saying this:


"I spoke to people in the city today and they all agreed that if there was a crushing defeat the pound would fall ... what has happened? The pound has gone up".

[BlasterBates]

Poor chap. I think he went long oil in 2014.

Logging in as darmy on scooty's laptop?

Close, late 2015.

[darmstadt]

Poor chap. I think he went long oil in 2014.

Logging in as darmy on scooty's laptop?

Indeed. He couldn't have BEEN more wrong without logging in as darmy!!

The Little and Large comedy show...

[jamesbrown]

Indeed. He couldn't have BEEN more wrong without logging in as darmy!!

Poor chap. I think he went long oil in 2014.

Logging in as darmy on scooty's laptop?

[shaunbhoy]

Indeed. He couldn't have BEEN more wrong without logging in as darmy!!

[jamesbrown]

The pound will move up if the deal is voted through if not probably will not move.

[darmstadt]

Currency traders (many of whom are Brexiters) pushing the pound:

[scooterscot]

haha, there's someone else been reading the comments on BBC HYS Cracks me up on there, some of the tripe brexiters post. Makes some of our CUK cretins seem almost CSE grade 3 level

Ich auch - HYS plugged into every Whetherspoons me thinks.

[Old Greg]

Assuming May losing the vote today is largely priced in; but how will the markets react if somehow she wins?

Will the pound go up or down?

Up, due to more certainty. But as you say, it won't happen.

How does May losing the vote deliver more certainty?

If she loses, we may leave with no deal - some tell us that this scenario delivers massive uncertainty

If she loses, she could do a Cammeron - uncertainty over who is to be the next leader and what direction they will take us in

If she loses, labour will table a vote of no confidence and if they win that we have a general election on our hands and the prospect of a Labour, or more likely, another hung parliament. Yet more uncertainty.

I just does see the scenario that delivers more certainty if she loses.

Even better to see that you don't dispute my conclusions.

See if you can work it out for Yorkie.

[Whorty]

Brexit Britain = Poundland Switzerland with more racism

haha, there's someone else been reading the comments on BBC HYS Cracks me up on there, some of the tripe brexiters post. Makes some of our CUK cretins seem almost CSE grade 3 level

[Whorty]

How long have you got?



Best to just ignore OG. Most veteran posters do.

He is a melting pot of bitter insecurities merged with a redneck banality that can only be trumped for irrelevance by halfwits like Nat and Whorty.

The sort of man you would use as a blueprint if tasked to design an idiot.

You love me really Sarg, just admit it You're like one of those girls in the playground that pretends not to like the school hunk (that would be me, by the way) so you resort to name calling, only to blush and go weak at the knees when I saunter past. Can't say I blame you though, even though I say so myself

[shaunbhoy]

Good to see you've sat down on the cretin side of the argument. Again.

Even better to see that you don't dispute my conclusions.

[scooterscot]

Brexit Britain = Poundland Switzerland with more racism