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 Rudi Hedman  Caterham 30 Jun 16 11.30am |
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Originally posted by dannyh
Ahhhh the remain camps last resort, insult anyone who doesn't agree as "knowing nothing". Oh and just something for you top chew on, the FTSE is higher now than it was pre Brexit.
tbf the FTSE, DAX, CAC have bounced back because there's been comments from Brussells that the UK will have to accept freedom of movement for single market access and nobody standing for Tory leadership has said they want to do anything drastic with immigration. I think it would've bounced back a bit even if there were less compromising words from Tory candidates but not as much. Expect more volatility once if there's compromise on single market access, but not compromise on immigration. Markets won't care about that, people do. Note, the £ is still low vs the $. It should be noted the DAX and CAC fell more than the FTSE. Double the exports to us than we import to them a factor, and a factor to negotiate with.
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| dannyh wherever I lay my hat....... 30 Jun 16 11.35am |
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Originally posted by Rudi Hedman
tbf the FTSE, DAX, CAC have bounced back because there's been comments from Brussells that the UK will have to accept freedom of movement for single market access and nobody standing for Tory leadership has said they want to do anything drastic with immigration. I think it would've bounced back a bit even if there were less compromising words from Tory candidates but not as much. Expect more volatility once if there's compromise on single market access, but not compromise on immigration. Markets won't care about that, people do. Note, the £ is still low vs the $. It should be noted the DAX and CAC fell more than the FTSE. Double the exports to us than we import to them a factor, and a factor to negotiate with. How dare you suggest our economy is more stable than the Germans and the French, and that actaully we are performing as well as ever (currently) That would mean the horsemen of the apocalypse have to re stable their horses.
"It's not the bullet that's got my name on it that concerns me; it's all them other ones flyin' around marked 'To Whom It May Concern.'" |
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| Rudi Hedman Caterham 30 Jun 16 11.42am |
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Originally posted by dannyh
How dare you suggest our economy is more stable than the Germans and the French, and that actaully we are performing as well as ever (currently) That would mean the horsemen of the apocalypse have to re stable their horses.
That's why the French minister said on Newsnight last night that freedom of movement was on the table and a compromise may happen. Merkel has also hinted this. It is not over yet. Depends who has the bollox. My money's on Theresa May having more bollox than Boris. Not sure why Gove is in there when he didn't want to be. Maybe to dilute May's backing for Boris. We'll see. Can't trust Boris now till the documents his intentions, even then he hasn't got the sort of presence that May has in making the concerned look uncomfortable.
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| dannyh wherever I lay my hat....... 30 Jun 16 12.08pm |
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Originally posted by Rudi Hedman
That's why the French minister said on Newsnight last night that freedom of movement was on the table and a compromise may happen. Merkel has also hinted this. It is not over yet. Depends who has the bollox. My money's on Theresa May having more bollox than Boris. Not sure why Gove is in there when he didn't want to be. Maybe to dilute May's backing for Boris. We'll see. Can't trust Boris now till the documents his intentions, even then he hasn't got the sort of presence that May has in making the concerned look uncomfortable. Agreed.
"It's not the bullet that's got my name on it that concerns me; it's all them other ones flyin' around marked 'To Whom It May Concern.'" |
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| npn Crowborough 30 Jun 16 12.33pm |
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Originally posted by Rudi Hedman
tbf the FTSE, DAX, CAC have bounced back because there's been comments from Brussells that the UK will have to accept freedom of movement for single market access and nobody standing for Tory leadership has said they want to do anything drastic with immigration. I think it would've bounced back a bit even if there were less compromising words from Tory candidates but not as much. Expect more volatility once if there's compromise on single market access, but not compromise on immigration. Markets won't care about that, people do. Note, the £ is still low vs the $. It should be noted the DAX and CAC fell more than the FTSE. Double the exports to us than we import to them a factor, and a factor to negotiate with. FTSE100 is doing fine, but that may have something to do with most of the companies on there being big multinationals. The FTSE250, which has a far larger proportion of companies more dependent on UK performance is still down, but not desperately so.
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