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FTSE up by 1000pts

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    FTSE up by 1000pts

    That's 30% in only 2 months, defying the doomsters and during the darkest recession since the war. Astonishing. Well done the banks and financials

    #2
    <bad news placeholder>
    'Orwell's 1984 was supposed to be a warning, not an instruction manual'. -
    Nick Pickles, director of Big Brother Watch.

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      #3
      Originally posted by Turion View Post
      That's 30% in only 2 months, defying the doomsters and during the darkest recession since the war. Astonishing. Well done the banks and financials
      Oh God, now I'm really depressed. Does that mean Labour might yet squeak back in next year?

      Please tell me these green shoots are for now just more festering slime mould brewing ...
      Work in the public sector? Read the IR35 FAQ here

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        #4
        Originally posted by OwlHoot View Post
        Oh God, now I'm really depressed. Does that mean Labour might yet squeak back in next year?

        Please tell me these green shoots are for now just more festering slime mould brewing ...
        No, the Stock Markets were relatively cheap even before the recession. The banking problems in particular slaughtered the financials (some literally) and all stocks were sold down the river, some out of panic and some to cover other loses.

        So this is the bounce back after the news that most institutions/companies will survive and are or will be profitable again shortly and leaner and meaner than ever.

        The other bad news will continue for some time - increasing unemployment, swinging tax rises and govt debt and later on, inflation. Nu Lie = No chance.

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          #5
          Well my pension is now only just back where it was last October just after the crash, so still a long way to go.

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            #6
            Hold on tight, it'll be a bumpy ride!
            Public Service Posting by the BBC - Bloggs Bulls**t Corp.
            Officially CUK certified - Thick as f**k.

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              #7
              The economy is in a safe pair of hands.
              If you've got a problem and no one else can help, and if you can find him, maybe you can hire...Gordon Brown ...( cue music )

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                #8
                Originally posted by Gordon Brown View Post
                The economy is in a safe pair of hands.
                ****

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                  #9
                  Originally posted by Gordon Brown View Post
                  The economy is in a safe pair of hands.
                  Thank you Mr PM, that is very reassuring to know coming from you.
                  Public Service Posting by the BBC - Bloggs Bulls**t Corp.
                  Officially CUK certified - Thick as f**k.

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