The Swiss Central Bank intervention today was to counter the sharp rise in their currency..A neutral country seen as a financial safe haven and not in the EU.. I guess an unwelcome flood of money arrived today...a problem which Greece wish it had..
Printable View
Yep..earning rates may get lowered...interest rates could go negative.. e.g possible recession in Europe?..I think Mother England is a big girl and will look after itself reasonable well, they say she might go into recession...but I think the EU may suffer also....a bit like a plane losing an engine..eh?
A CAPE of 25 on Wall St is not sustainable either-side of the inflation sweet spot (1%)..The EU and USA are the top two, equally as big economic powerhouses in the World (EU was until today) and are linked, so one could affect the other..e.g lower growth (earnings).
Always wanted to buy FPH for $3 and TIL for $1,50 ...;) Sorry guys, just dreaming ... Hang on Black P..I'll dust off my time machine..but I urge caution as it works about as well as my crystal ball
Yes very true..Thxs Bjauck I overlooked that..
Maybe like losing an engine that was mounted at slightly the wrong angle. Best case scenario is that EU functions better without an unenthusiastic member and that the UK also thrives at arms length to the EU. Unfortunately the chance of that best case I put at 5:1
There are a lot of very intelligent people which I have no doubt have had lots of time to outline Britain's contingency plan going forward if this unlikely outcome turned into reality..
still going only another 11hrs to go lol but im thinking we will only see an adjustment to certain pricing as nothing has really changed yet? uk still in eu, they have there own currency guess the wild card is the eu reaction
Some good discussions on here.
https://www.rt.com/on-air/
Some short to medium term economic problems ahead for the UK I feel. The EU are going to be as spiteful as they can get away with IMO.
Comments from a Chief US market strategist this morning hit the nail on the head for me. "What is occurring is traders are rushing for the exits and can't get out fast enough but as investors we must not panic, keeping in mind that the process of the UK exiting the EU will occur over a period of 2 years not weeks or months" Added to that is the fact that interest rates are going to remain lower for longer now, so once the dust settles where do you think people are going to put their money to get a decent return?