Discussion in 'Economics' started by ASusilovic, Oct 23, 2009.
Schizophrenic reaction to reality. Speechless.
At least Sterling is finally taking it on the chin after the huge short squeeze over the last couple days.
I have to question the mental stability of trading desks in London.
How should shrinking GDP contribute to higher company profits ? Retail sales couple of days ago dissapointing !
Someone might be doing this to get out of their positions............
The pre-packaged answer normally given is that GDP is backward looking...
A couple of reason this weak GDP could appear positive for stocks: 1) GBP TWI is down by more than 1%; 2) likelihood of a more 'helpful', less hawkish BoE.
Moreover, I would think that most of the move in the FTSE is just a delayed reaction to the Spooz O/N.
Yeah, this is exactly what media do. They cover-up their actions with nice and logical explanation. Damn manipulators...
Good earning, run-up ; no-brainer...
Good earning, run-down; it was already priced in...
Indeed, I went short prior to the news release, when news came out I thought to myself I was about to profit nicely...and instead we got THAT! Nonsense.
I'll get busy looking at UK real estate once sterling drops below $1.50
If i may ask why do u think sterling wont go to $1.2 and secondly u think UK real estate is off the hook.
thirdly i believe u one of those very experience traders on this site.............so why would u look for real estate when interest rate is 0 ?
wouldnt mind learning pls
Low IR drives property market upwards (cheap mortgages)
P.S. On the other hand I am not convinced property market is a good investment in the UK, yet.
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