Royal Bank Of Scotland Share Discussion Threads

[lance corporal winstanley ash] 18/11/2013 06:22

Have to click on show the main post, then i get the web version.

[leedskier] 17/11/2013 20:21

Are you using the ADVFN provided APP?

[lance corporal winstanley ash] 17/11/2013 19:00

Leeds, I'm having technical issues viewing the thread on my iphone 4.

[leedskier] 17/11/2013 12:37

This will wack up the fuel bills ...

[speedy] 17/11/2013 09:28

Hmmmm no bubbles ????

With the dollar down 10% against bitcoin just today, and ~-97% down this year,
I do wonder where all this is going. Maybe the attraction of bitcoin is taking
the heat off gold.

Also, in reference to an earlier post of mine, I'd add that among those submerged
in debt, there is an inclination to see an end to all this manipulation.

[dope007] 16/11/2013 21:21

Ouch, thats below the belt Ramco. But very true ;)

[ramco] 16/11/2013 19:09

Yes which is why the first part of my post was in response to your post and the second for post from wireless...you getting confused in your old age?...lol ;

[ramco] 16/11/2013 11:36

Lol...Guess when you live in a bubble you are unable to disclaim your head is in one...wireless don't be unkind she can't help how she looks.....;

[wireless] 16/11/2013 10:37

The womens clearly a liar but then what's new, and yes even looks like a bubble. ‎Barack Obama's so called choice just shows you where he is coming from, and what a huge disappointment that man now shows himself to be. Is he just incompetent or just plain evil?

[dope007] 15/11/2013 21:27

Yellens head is one great big ugly bubble Ramco. Grrr

[ramco] 15/11/2013 20:58

It has taken $35.17 of government intervention to generate $1 of economic growth over the past 5 years. More importantly, the rate of diminishing returns is increasing. In other words, it is taking consistently more dollars of intervention to create an incremental increase in economic growth....;

[ramco] 15/11/2013 17:31

you'll love this synopsis Dope...;

Even Janet Yellen, who will likely become the next head of the Federal Reserve, was asked on Thursday at her confirmation hearing if she thought the stock market was in a bubble.

"Stock prices have risen pretty robustly," Ms. Yellen said Thursday. But looking at several valuation measures and according to the WSJ, she specifically cited equity-risk premiums, she said "you would not see stock prices in territory that suggest ... bubble-like conditions."

Yellen went on to say that it is important for the Fed to "attempt to detect asset bubbles." But for now at least, she doesn't see any forming.

Senator Mike Johanns (a Republican from Nebraska) apparently is keeping his eyes peeled for the next bubble too. During the Q&A session he said to Ms. Yellen, "What am I missing here? I see asset bubbles."

On that topic -- bubbles bursting and systemic risk, when asked about the idea of QE creating risks in the future -- Ms. Yellen said, "At this stage, I don't see risks to financial stability" from the Fed's current monetary policies.

Oh, and then when the future Fed Chairwoman was asked if the Fed had created policies designed to specifically support the stock market, Ms. Yellen offered up a one-word answer: "No."

However, Yellen also admitted that the FOMC is watching what happens at the corner of Broad and Wall. "We do have to take account of what's happening in the markets," Yellen said. She then added, "We are not a prisoner of the markets" and went on to suggest that the Fed would do what's right for the economy.

[ramco] 15/11/2013 17:30

Does anyone else find the public's obsession with identifying the next bubble amusing? Almost by definition, a bubble forms - and then ultimately bursts - when no one is looking.

To be sure, there wasn't a public outcry in early 2000 when one could purchase something like twenty of the Dow 30 stocks using the valuation of Cisco Systems (CSCO) alone. No one really cared that technology stocks, many of which had no real revenues, let alone any potential for profit, were coming public with billion-dollar valuations.

There also wasn't too terribly much concern in the mid-2000's when home prices were appreciating at a double-digit clip year after year. Nobody seemed overly worried when the ability to breathe on a glass meant you could qualify for a big mortgage on a house you couldn't afford. And next to no one sounded the alarm when scores of fishermen turned in their nets and began running hedge funds in Iceland.

Nope, the bottom line is when things are truly rolling (and the bubbles are forming), almost nobody notices.

And yet, for the last four years, everyone everywhere has had their eyes peeled for the next big bubble, which would lead to the next big crisis. In short, "We won't get fooled again!" appears to be the battle cry of cautious investors these days.

It is especially humorous to hear so-called experts analysts talk about a bubble forming again in Real Estate. This at a time when the number of homeowners who are still upside down on their mortgages remains astounding.

[ramco] 15/11/2013 17:25

Last gasp for small caps?
How big of a lead have small caps gained over bigger stocks? The Russell 2000 (IWM) is ahead 27.3% vs. the S&P 500's 22.1% advance YTD. Over the last 5 years, the annualized advantage is 17% to 15.1%, and in the 14 years since about the time the tech bubble burst, the Russell has gained 8.4% annualized vs. the S&P's 3.8%.
Future performance might be another story, according to The Leuthold Group which suggests we'e witnessing "a final gasp in small-cap leadership." Based on a number of metrics, the team estimates small stocks are trading at about a 40% premium to the S&P 500, as pricey as they've been in the "modern" era.
Morgan Stanley's Adam Parker, however, notes mega-cap stocks have already achieved record-high profit margins while smaller company margins are closer to their long-term average and have room to move higher. Also of note is unusually slow M&A activity - this could pick up and allow buyout premiums on the easily-digestible smaller companies.

[ramco] 15/11/2013 17:24

Gazprom says Ukraine resumes purchasing Russian gas
Ukraine has resumed buying Russian gas and has stopped taking gas from its underground storage facilities, Gazprom (OGZPY) CEO Alexei Miller says.
Ukraine had said it stopped taking Gazprom's gas at the start of November because it had sufficient supplies until the end of the year.
Tensions between the two countries over gas have intensified sharply in recent weeks, raising concerns of a repeat of supply problems that disrupted winter deliveries to Europe in 2006 and 2009.

[ramco] 15/11/2013 17:23

Chinese ETFs fly after reforms announced
"A demographic cherry" on top of the sundae that is China is how Yves Lamoureux describes Beijing's decision to ease up on the country's one-child policy. Lamoureux was already bullish on Chinese stocks, calling them the best contrarian asset play around. "if you look at world money managers, big portfolios, everyone is massively underweight China mostly ... This market is the second biggest in the world, but is trading like a third-world country, and should be valued 100% more."
Chinese ETFs are sharply higher in wake of the one-child move and other reforms announced earlier. The popular FXI +5.3% and the newly-launched A-share tracker, ASHR +4.5%.

[ramco] 15/11/2013 17:22

Coffee prices get a jolt
Futures prices on Robusta coffee showed their biggest gain in 15 months as supply issues cropped up.
Among other factors, the remnants of Typhoon Haiyan hit key regions of Vietnam with torrential rainfall.
Robusta coffee prices are still down 22% YTD despite the recent rally.
In general, mass-market coffee use the Robusta bean variety, while premium sellers use Arabica.

[ramco] 15/11/2013 17:21

earlier.;

Oct Industrial Production
Oct Industrial Production: -0.1% vs. +0.1% expected, +0.6% prior


Wholesale Trade
Sep Wholesale Trade: Inventories +0.4% vs. consensus of +0.4%, +0.5% in Aug.

[leedskier] 15/11/2013 16:23

It always amuses me the way the traders bid up the FTSE100 late on Friday when most are in the bars, so that the same traders can cut the legs off it on Monday morning.

[dope007] 15/11/2013 15:42

As should had the finger on ctrl-alt-p whilst answering

[leedskier] 15/11/2013 15:37

"She made it clear she wants to see a faster recovery. Not much here for the hawks." – Ian Shepherdson, chief economist Pantheon Macroeconomics.

"Her approach will not differ much when she takes over as chairwoman from Ben Bernanke early next year. The only real color she added regarding the possible tapering of quantitative easing was that she would like to see signs of stronger GDP growth that looked like it would be sustained. Her composure and ability to handle questions on a wide range of topics should also reassure any lingering doubters." – Paul Ashworth, chief U.S. economist at Capital Economics.