Barclays Share Discussion Threads

[portside1] 10/4/2020 13:04

Drug on way within the next two weeks and lockdown in the USA will be lifted

[smartie6] 10/4/2020 12:18

Is it true that portside has caught Coronavirus from one of his 30 cats?

[kenbachelor] 10/4/2020 12:17

Yes, we think of the US as wealthy, but it's the only place in the world where you see people standing on the side of the road holding a piece of a cardboard box with 'I will work for a meal' written on it!

[smartie6] 10/4/2020 12:04

Serious stuff John, poor getting poorer, rich getting richer.

[johnwise] 10/4/2020 12:02

Chinese Virus

Six THOUSAND families line up in their cars for hours at a food bank in San Antonio as millions across the country turn to charity organizations to keep from going hungry during coronavirus lockdown

[bernie37] 10/4/2020 11:56

US shares see their biggest weekly gain in 46 years
US stocks have just recorded their biggest weekly gain since 1974 despite the bleak economic outlook.
Wall Street's S&P 500 shares index has risen 12% this week, as the US central bank announced more stimulus measures to support the economy.
Financial markets have experienced extreme volatility as the economic impact from the coronavirus worsens.
Gold prices hit a seven-year high with many investors still remaining cautious about the future of the global economy.
"It looks like the Fed are on a mission to blow holes in every dam that stops the flow of credit. And it sure sounds like they have plenty more dynamite if needed," said Stephen Innes, global chief market strategist at Axicorp.
"Markets have been encouraged by corona curves flattening in Europe, exits from lockdowns in China, and talk of economic reopening globally. The level optimism has caught virtually everyone by surprise."
On Thursday, the Federal Reserve said an additional $2.3 trillion was available to support debt markets saying it would act "forcefully, pro-actively, and aggressively" to combat an economic tidal wave.
The strong words came after data showed US jobless claims jumped by 6.6 million, taking the three-week total to more than 16 million unemployed and seeking benefits.
US jobless claims surge for third week
'Worst economic crisis since 1930s depression'
Oil producers agree to cut production by a fifth
The Fed's chairman Jerome Powell emphasised the central bank's measures were temporary, but that there was "no limit" to the dollar amounts it can deploy for programmes already on the books.
Markets were also lifted by comments from Anthony Fauci, director of the US National Institute of Allergy and Infectious Diseases, who said there may end up being fewer fatalities from the coronavirus than earlier forecast.
He placed the number at around 60,000 Americans, compared to earlier estimates of up to 240,000 deaths.

[diku] 10/4/2020 10:27

Only throw handbags...

[joestalin] 10/4/2020 10:20

Come on girls, no hair pulling!

[qantas] 10/4/2020 09:28

BA We love you.

[diku] 09/4/2020 22:15

Q...the small boy who lost it all on Debenhams...is it still trading?...do some proper research on net asset value of Barc...


Net asset value 378.83

[johnwise] 09/4/2020 19:54

Piloting Boeing 787 into Heathrow

Video

[portside1] 09/4/2020 17:39

Will the gov loan me a 100.000 to buy more shares interest. Free

[johnwise] 09/4/2020 16:29

Greggs receives £150m Government coronavirus loan

The high street giant, which has around 2,050 sites nationwide, estimated that it will face a £3.5 million hit each week until the end of June, while its stores are shut for a prolonged period.

It said it expects this to rise to around £4.5 million each month from July, including property rental costs, if the closures continue.

[extrovert] 09/4/2020 16:25

Just got letter from Skipton Building Society, 0.35 for Isa, 0.05 for easy saver.

[bernie37] 09/4/2020 15:59

European stocks will outperform US in coronavirus recovery race, Barclays projects
Barclays is "overweight" European equities versus the U.S., reflecting a belief that despite a rocky run of late, European stocks are now good value and expected to outperform during a potential six- to 12-month recovery.
Over-reliance on the technology sector, reduced share buybacks and falling oil prices mean the advantage held by U.S. equities over their European counterparts will likely be "challenged," according to Barclays research.
European equities are better positioned than their U.S. counterparts for a prospective recovery from the coronavirus downturn, according to Barclays.
In a research note Wednesday, the British bank said it was "overweight" European equities versus U.S. equities, reflecting a belief that despite a rocky run of late, European stocks were now good value and expected to outperform during a potential six- to 12-month recovery.
Despite suffering their worst first quarter on record, U.S. stocks have benefited from their relative safe-haven status year-to-date, but could see their global leadership challenged in the wake of the coronavirus pandemic, Barclays strategists suggested.
"The COVID-19 outbreak in the U.S. has caught up with Europe, and despite sizable fiscal stimulus, the welfare system in the U.S. might provide less cushion to the private sector compared to Europe," Barclays Head of European Equity Strategy Emmanuel Cau said.
While the U.S. has sought to encourage firms to retain employees by offering tax credits, they have not implemented the sweeping payroll subsidies seen in major economies across Europe, such as Germany and France.These subsidies encourage "labor hoarding" and reduce the likelihood of near-term job losses during the crisis, leading economists to project considerably sharper unemployment spikes in the U.S. than in Europe.
European equities have underperformed the U.S. so far this year, which Cau and his team attributed both to weaker economic and fiscal fundamentals in the region's major economies, and to their increased volatility in relation to the rest of the market.
Over the year to date, Europe's STOXX 600 is down around 20.46%, whereas the U.S.' S&P 500 is close to 15% lower.
Tech, buybacks and oil
"Weak domestic growth, declining banks profitability, lack of tech, over-reliance on the 'old economy', messy politics and trade exposure have turned Europe into a consensus underweight for while, but its depressed relative valuations to the U.S. and bearish positioning seem to be pricing in a lot already," Cau outlined in the note.
While Europe's "old economy" is dominated by financials, industrials, materials and staples, the U.S. is more reliant on a small basket of high profile tech stocks, namely the FAANGS, rendering it less diversified and meaning a broad recovery could be more difficult.
"The growth/quality nature of the U.S. equity market remains a structural advantage vs. Europe, but the end of the buybacks super-cycle and the collapse in oil prices could be more problematic for the former," Cau added, suggesting that Europe offers a "cheap" option on a potential six to 12-month recovery timeline.
Share buybacks — when a company buys back its own stock — were particularly strong in 2018, following the implementation of corporate tax cuts by U.S. President Donald Trump's administration, but have since moderated, which Barclays suggested reduces Europe's disadvantage.
Share buybacks boost the value of a company's stock and improve its financial statements, which tends to drive further investment. With U.S. buybacks cooling off and limits in place for American companies taking government loans, their advantage over European diminishes in this regard.
Meanwhile, oil prices have collapsed in recent weeks on account of a potential price war between powerhouse producers Russia and Saudi Arabia, which arose out of a dispute over production cuts. Falling oil prices have a far greater impact on the U.S. as the world's largest oil and gas producer, with U.S. shale expected to be the first casualty of a full blown price war.
Barclays analysts have allocated more capital to core European markets such as France and Germany, based on their stronger fiscal position, than the likes of Spain and Italy, whose equity markets are less diversified and heavily skewed towards financials.
A further boost may come from a weakening euro, Cau also highlighted, which could aid European exporters, particularly automakers and luxury goods manufacturers, as their products will be cheaper for foreign buyers to purchase.

[diku] 09/4/2020 15:38

smartie6...ignore Q...he/she is from the failed Debenhams thread...now a permanent resident on the MKS thread with double act comedian poster robo...the 2 Amigos...didn't even know the net asset share value of Barc...

[aljm] 09/4/2020 15:27

surely they have missed a word out of that title ? mainly "temporarily" ?

[bernie37] 09/4/2020 15:27

Investor sentiment towards Barclays (LSE: BARC) has weakened considerably since the start of 2020. The bank’s shares are down by 50%, as investors have priced in the uncertain economic outlook facing the wider industry. Weak business confidence and low interest rates could combine to limit the earnings growth rate of banks with UK operations over the medium term.

Barclays has also suspended dividends for 2020 alongside its sector peers. It was due to pay a rising dividend over the next couple of years. But its income appeal has been put on hold for the time being.

Looking ahead, the bank’s shares could remain unpopular among investors in the short run. However, Barclays’ improved balance sheet may mean that it is in a relatively strong position to overcome the current economic uncertainty. And that is especially so compared to its smaller peers.

The bank’s share price now trades at its lowest level since the darkest days of the financial crisis. So it appears to offer a wide margin of safety even though its recovery may not be smooth or swift,. I think Barclays could deliver an attractive return profile for long-term investors from its current share price.

[joestalin] 09/4/2020 15:26

'Coronavirus: One in ten US workers lose jobs in last three weeks'

The stattos are having a field day. Stuff is occurring in clusters. We need to wait until the end of the year and see if the various head counts are significantly greater than in other years. I suspect that they might not be.

[diku] 09/4/2020 14:59

Dow should go up then....