TBH, I wonder whether the psychological hit of another million or more refugees which is a probability once the weather improves again, will weaken the ties that bind, and with it, the euro.
1 Like
the pound will shoot up again with the next invasion of Muslims into Europe in the spring
I’ll be travelling to Orlando in mid February mate, what’s the forecast for the Euro against the Dollar?
I would wait for a week or so to see how preliminary US data shapes up. If the Fed are likely to raise rates per their schedule the $ should continue to strengthen. Personally I think US corporate data will be below expectations, so more pressure to ease off on hikes. I think we will see 1.20 again before parity.
Carnage in China again overnight as their market breaks the 7% movement limit and is suspended. Worldwide equities will open significantly weaker this morning.
Dax -3.68%
FTSE -2.88%
CAC -3.19%
Eurostoxx -3.24%
What’s oil at chaps?
WTI $32.80
Brent $33.30
$34 - I reckon it will go much lower again although at the time, I did advise investors to buy when it went below $50.
Not if the middle east crisis does for the Saudi pipelines which are effectively in Shia territory iirc.
1 Like
3bn of Irish 10 year Government Bonds sold @ 1% yield. 
would you be fucking well.
Easy money - sign though that equities expected to crash.
Every gobshite economist and analyst is pointing the finger at China, when the entire reason for market instability at present is the Fed. They have gone from data dependent to estimate dependent i.e. guessing what the economy will do in the future, which is what economists do anyway. The data has been getting worse, not better (with the exception of the bogus jobs data), the Fed were backed into a corner and had to act based on their own commitment to act in 2015. The scary part is they will probably continue to raise rates in the coming months on the expectation that things will get better.
Having said that, equities are extremely oversold and will likely see a relief rally in the next week.
Correctamundo
Aussie dollar goosed
I could have sworn someone said that on here back in August.
Lads, I’ve a decent amount of shares in a US tech company that has been ticking along nicely recently. Should I be cashing in now?
Cash in some of it and make a ballsy play with the cash.
2 Likes
Being too concentrated in one or a few positions is very risky. If you have a decent gain now is probably a good time to exit imo, but taxes are always an issue.