Aviva Share Discussion Threads

[wadders5] 01/11/2022 08:55

Quiet on here. Sub £3.80 to £4.25 in a couple of weeks! whats the general feeling in direction?

[jam62] 29/10/2022 08:30

The euro is the biggest con-trick ever perpetrated in the history of economics. It was introduced by the Germans to mitigate an ever-appreciating Deutschmark, and fooled many people for much of the time; the chickens are now coming home to roost.

When you have such contrasts in economic performance, e.g. Italy/Greece versus Germany, the only possible balancing variable is currency. The cost to Germany is going to be massive, but hopefully this will redress the huge injustice of German larceny of the last 20 years or so.

[coxsmn] 27/10/2022 19:50

Euro is in trouble

[muscletrade] 27/10/2022 19:42

@ euro fox. And has the riotous crashed against the usd?? Have governments been replaced:)
They have to keep printing or italy goes bust ( amongst others).

[yf23_1] 27/10/2022 15:49

Reminds me of kids taking their medicine with spoonfuls of jam.

[eurofox] 27/10/2022 13:11

You want contradictory - ECB to go on printing money (QE) till 2024 and at the same time raising rates by 75 bp.

[cassini] 27/10/2022 12:36

That little spike just now was the ECB raising rates by 75 basis points.

[yf23_1] 27/10/2022 10:55

TTF gas prices should adjust due to the weather, i.e demand, so they will be seasonally higher in Jan, Feb.
We are currently having a warm period (I switched my heating on 12 Oct last year but haven't switched it on yet this year).
..

And how much of the money doled out by Rishi to ficticious companies has been recovered ?

[geckotheglorious] 27/10/2022 10:29

1robbob
"As I have said before I don't understand the need for a huge austerity Budget"

Seriously?

National Debt has soared to £2.3trillion - on balance sheet.
Sunak borrowed £420billion alone in two Covid years!!!

Do you really think this continued largesse is sustainable????

The Financial Marktets wet their knickers over £40bn in unfunded tax cuts....£40bn!

And National debt is £2.3 trillion!!!

people who cannot see the debt elephant in the room and think we can carry on as normal are deluded.

[1robbob] 27/10/2022 10:23

>>....I wonder what figure the OBR/treasury are working on...338 probably given their usual accuracy record.

Answer: The one that Rishi (whoops sorry; Jeremy!!) suggests

As I have said before I don't understand the need for a huge austerity Budget.
Rishi didn't seem too concerned about the Financing of Covid when he was in No.11
and the costs of Energy Support is easing significantly

Dare I suggest that the rationale behind the Budget is to:
1) Re-assure Markets (to the point of overdoing it!)
2) Look financially proficient to the electorate (and the BBC!)
....and MOST IMPORTANTLY to be in a position to be reducing Taxes and raising Public spending in the run up to the next Election

[muscletrade] 27/10/2022 09:07

Indeed, TTF Gas down again this morning 2.7% at 101.7. A 70% reduction since end of august hit of 338.

Still high by historical prices. I wonder what figure the OBR/treasury are working on...338 probably given their usual accuracy record.

[1robbob] 27/10/2022 08:59

muscletrade
...and that is without taking account of the hugely reduced cost of the Energy Support Programme, resultng from the falling gas price

[muscletrade] 27/10/2022 07:14

Headlines in the DT this morning indicate that Sunak has reduced the finacial shortfall by £15Bln by delaying the budget by two weeks. What a marvel. And only in number ten 2 days. I wish I had thought of that.

Perhaps he should consider delaying the budget a year!!!

If only he had been around in 2010.

[eurofox] 25/10/2022 12:35

I suspect it was Boris and Nut-Nut who forced his hand on money spraying

[muscletrade] 25/10/2022 11:31

"Our country is facing a profound economic crisis"......and Im here to fix it. Ummm is this the same guy who was chancellor for most of the last three years spraying money around like a drunken sailor for most of that time...aided and abetted by an incompetent Bank of England asleep at the wheel and not increasing interest rates while inflation was taking hold even before Putin invaded Ukraine.

I wish him success, but it is enough to make you want to vomit.

[geckotheglorious] 24/10/2022 16:14

Wussies the lot of ya.

Chicken Vindaloo here :)

[mountpleasant] 24/10/2022 14:39

Whats this curry reference all about?
I am having a Tarka dhal...
its like curry, but a little 'otter

[sirhedgealot] 24/10/2022 13:54

Chicken tikka for me thanks!