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FTSE index ends year at record high. |
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#1 |
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Join Date: Dec 2005
Posts: 4,342
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FTSE index ends year at record high.
Quite astonishing, when you add this to billions of pounds worth of investment into the UK economy over the last 6 months things are looking up.
http://news.sky.com/story/ftse-100-s...-high-10711892 |
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#2 |
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Join Date: Apr 2014
Posts: 10,591
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Quote:
Quite astonishing, when you add this to billions of pounds worth of investment into the UK economy over the last 6 months things are looking up.
http://news.sky.com/story/ftse-100-s...-high-10711892 |
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#3 |
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Join Date: Jan 2016
Posts: 667
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Eh? The FTSE 100 is mostly foreign (250 is a better UK indicator), it's up due the new drops of the pound and it's still way off all time highs.
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#4 |
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Join Date: Apr 2014
Posts: 10,591
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Quote:
Eh? The FTSE 100 is mostly foreign (250 is a better UK indicator), it's up due the new drops of the pound and it's still way off all time highs.
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#5 |
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Join Date: Sep 2003
Location: Devon
Posts: 47,965
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Quote:
Eh? The FTSE 100 is mostly foreign (250 is a better UK indicator), it's up due the new drops of the pound and it's still way off all time highs.
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#6 |
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Join Date: Jul 2003
Location: Pimlico, central London, UK
Posts: 14,870
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Interesting article in the Times today about investors worried the FTSE is overvalued. I've found the online version but you will need a subscription to read it
http://www.thetimes.co.uk/edition/bu...gain-bd0fjtx6c |
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#7 |
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Join Date: Aug 2011
Location: Lincs
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Bremoaners will not be pleased and will do their best to talk this down.
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#8 |
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Join Date: Jun 2009
Location: Los Angeles CA
Posts: 2,590
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there is already a thread on this + it was explained there that this is due to Sterling devaluation.
FTSE is down on dollar terms - heavily so. the same thread shows that due to a similar effect the best performing stock market in 2016 is Venezuela''s I know you are one of these Brexiters but it can't be that hard to keep up. even for a Brexiter |
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#9 |
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Join Date: Oct 2003
Location: Darn Sarf
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Quote:
Quite astonishing, when you add this to billions of pounds worth of investment into the UK economy over the last 6 months things are looking up.
http://news.sky.com/story/ftse-100-s...-high-10711892 It's very tempting to heavily short the FTSE for a month, as soon as it reopens. |
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#10 |
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Join Date: Oct 2004
Posts: 14,633
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Quote:
Bremoaners will not be pleased and will do their best to talk this down.
Brexiters don't seem to like facts, only feelings. |
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#11 |
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Join Date: Jun 2006
Posts: 19,566
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The FTSE 100 was at almost exactly the same level on December 31, 1999
That is 17 years of going nowhere. Correct the index for inflation and it is well down on 1999 FTSE 100 since 1984 |
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#12 |
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Join Date: Jul 2012
Posts: 17,632
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Quote:
If by "talk it down" you mean "these are the reasons why, and they're not particularly good".
Brexiters don't seem to like facts, only feelings. That's your feeling, is it? The irony.Here's a fact we very much like: we are leaving the EU. Really we should stop pandering to all this Remainer misery and umbrage, but sometimes it is irresistible. |
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#13 |
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Join Date: Oct 2004
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That's your feeling, is it? The irony.Quote:
Here's a fact we very much like: we are leaving the EU.
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#14 |
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Join Date: Jun 2002
Location: Black Country lad in Yorkshire
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It's a place where sharks buy and sell shares to make money.
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#15 |
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Join Date: May 2010
Posts: 578
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Down on the year in dollar terms which is what matters.
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#16 |
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Join Date: Nov 2001
Location: Central Belt
Posts: 12,268
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Sterling has not recovered to pre referendum values. At a 31 year low, soon to be a 45 year low, then a 58 year low and so on and so forth over the next several decades to come.
The FTSE 250 index is certainly a lot more important than the FTSE 100 index, yet the 100 is the only index you ever hear about on business news bulletins. |
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#17 |
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Join Date: Jun 2005
Posts: 6,361
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How strange !
I thought that a Brexit vote would immediately send the FTSE plummeting. That's what I was told. |
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#18 |
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Join Date: Jan 2010
Posts: 9,204
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Quote:
Sterling has not recovered to pre referendum values. At a 31 year low, soon to be a 45 year low, then a 58 year low and so on and so forth over the next several decades to come.
The FTSE 250 index is certainly a lot more important than the FTSE 100 index, yet the 100 is the only index you ever hear about on business news bulletins. |
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#19 |
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Forum Member
Join Date: Jul 2003
Posts: 34,217
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Quote:
there is already a thread on this + it was explained there that this is due to Sterling devaluation.
FTSE is down on dollar terms - heavily so. the same thread shows that due to a similar effect the best performing stock market in 2016 is Venezuela''s I know you are one of these Brexiters but it can't be that hard to keep up. even for a Brexiter |
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#20 |
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Forum Member
Join Date: Jul 2003
Posts: 34,217
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Quote:
The FTSE 100 was at almost exactly the same level on December 31, 1999
That is 17 years of going nowhere. Correct the index for inflation and it is well down on 1999 FTSE 100 since 1984 Which, in turn, increases the use of houses as investments , and raises their price - so many can no longer afford them. |
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#21 |
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Join Date: Dec 2005
Location: In a jar, on a shelf
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The hedge fund managers, who financed brexit, will also be looking forward to making more money when the stockmarket falls again, as they will have bet on it doing so.
So that'll be Gina Miller & hubbie, looking forward to some more speculation and paying off Mischcon..
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#22 |
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Join Date: May 2005
Posts: 59,670
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FTSE 100 "could hit 9000" with a soft EU-exit.
https://uk.finance.yahoo.com/news/ft...094600601.html |
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#23 |
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Join Date: Apr 2004
Posts: 5,887
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Quote:
FTSE 100 "could hit 9000" with a soft EU-exit.
https://uk.finance.yahoo.com/news/ft...094600601.html |
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#24 |
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Join Date: May 2005
Posts: 59,670
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I just don't see it because there's too many events during this year that will cause market instability. We have the formal A50 trigger, French, German and Dutch elections plus serious economic issues in Italy. If you have courage then I'd imagine there's a lot of money to be made on the rollercoaster that this year will bring but I'd be surprised to see it hit 9000 (though I hope it does).
I'm planning on moving my portfolio into a more defensive mode. |
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#25 |
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Join Date: Dec 2005
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Quote:
I'm planning on moving my portfolio into a more defensive mode.
It's depressing that so many here are still disappointed that the sky hasn't fallen, exports are helped and our multi-nationals are benefitting from foreign earnings. |
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That's your feeling, is it? The irony.