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[romeike] 09/2/2018 11:06

Most NHS money is wasted by New Labour stoking massive wage inflation when times were good meaning that top NHS management now get salaries of many hundreds of thousands of pounds a year while nurses have to go agency (no longer an option with ir35 changes) or move to Australia to get fair pay for their skills.

[rcturner2] 09/2/2018 08:39

Smokers contribute far more to the NHS than they take out.

Most NHS money is spent in the last years of old age, when most smokers are usually dead.

[wormhasturned] 09/2/2018 08:34

Fanghorn - smokers should not be treated by the NHS unless they pay for their own treatment, either that or the Govt. needs to place an even higher tax on cigarettes, say another £5 per packet of twenty, the revenue lost by inaffordability would most likely just about match the cost to the NHS in treating smoking related illnesses!

[montyhedge] 09/2/2018 08:16

Not a bear market, it's a overdue correction big difference.

[hosede] 08/2/2018 23:31

Woodhawk
At bear market bottoms the cape PE of the SP500 tends to hit around 7. Last week it was about 32! So even if it fell 75% it would still only be on the verge of bargain territory - and that's assuming that earnings didn't decline at all. There's a lot of fresh air under current prices

[pugugly] 08/2/2018 21:03

Oh no!!!!!!!!!!!!!! - If Beaufort say buy probably best to Sell -
HOWEVER Dow down over 1,000 points and GSK still in the blue but only just by 0.4% so probably (a guess) hold but have funds to top up on weakness. (imo dyor etc)

[philanderer] 08/2/2018 20:28

StockMarketWire.com

- Beaufort Securities today upgrades its investment rating on GlaxoSmithKline PLC [LON:GSK] to buy (from long term buy) and raised its price target to 1500p (from 1450p).

[fangorn2] 08/2/2018 20:12

I thought I'd seen everything but

"'NHS patients should be allowed to vape indoors and even in their beds, public health body advises"

Takes the biscuit.

"Hospitals have been told to start selling e-cigarettes and letting patients vape indoors - and even in bed - under controversial new health advice."

Seriously - this is beyond farce.

"Public Health England (PHE) said every smoker struggling to quit, including pregnant women, should be encouraged to take up e-cigarettes."

Eh no - they should go on Cold Turkey whilst they're in hospital for whatever reason they are if staying overnight/more than an afternoon

"And they said the devices should be given out by GPs on prescription, to encourage wider takeup. The calls come as PHE published an independent review into the evidence surrounding e-cigarettes."

You want to quit do it on your own dime. You smoke on your own dime so why should taxpayer pick up the tab for you to quit??

Disclosure - Ex smoker. 20 a day.
Will power. Quit cold turkey, 4,5, or 6 years ago I forget now.

As to the argument it's in NHS interest to get them to quit as money is saved..Rubbish.

Tobacco Tax revenue over the lifetime of average smoker far exceeds their NHS consumption
Why? Most die a lot younger so don't have time to develop the usual aged related ailments,.

Secondly, because they die younger they arent a drain on state pensions either!!

Net net. smokers pay more than they consume.

Even more so now a packet of 20 is £9-10 odd!!!

[pugugly] 08/2/2018 20:06

Re 16613 above
"Chronic wasting disease is a resilient prion — an infectious protein — which attacks deer brains, eventually leading to a loss of motor functions and death. It is similar to but not the same as mad cow disease."
Apologies as off thread but sounds good news for SDI

and their patented system "PROREVEAL which addresses the major problem of detecting dirty surgical instruments in hospitals - screening for mad cow proteins. This new product is 100 times more sensitive than the current tests".

Back on thread topped up yesterday GSK at well below today's close - Also noted one of the very few stocks still in the blue on Wall Street at teh time of posting.

Most unlikely to get back to £10 - If we get back that far Little Rocket man will have hit USA with one of his rockets and Corbyn will be Prime Minister of the new socialist republics of the Disunited Kingdoms !!! (imo)

[woodhawk] 08/2/2018 19:14

Very true. I've used the pullback so far to increase the average yield percentage across my portfolio - and feeding in some cash I've been holding in reserve. I'm probably 3/4 invested now, so hoping the worst may be over.

[riskvsreward] 08/2/2018 18:52

Price is what you pay value is what you get. Crashing is a blessing, providing value at very depressed price for long term investment and opportunity for short term trading.

[woodhawk] 08/2/2018 18:45

DOW could be forming a double-bottom. The vast majority of US companies are beating expectations, so I suspect this is just a temporary pullback. Its just clawed back about 300 points. Time will tell. If I'm wrong, I'll just have to live on the nice fat divis I can get at these levels.

[abdullla] 08/2/2018 18:30

Josephine looks nice!

[montyhedge] 08/2/2018 18:22

Dow looking ugly again tonight.

[tradermichael] 08/2/2018 17:48

Oh deer ...

[buywell3] 08/2/2018 17:43

The whale passing through the room ... as yet not noticed

Research: CWD may pose risk to humans

FEB 4, 2018


Chronic wasting disease, a fatal brain illness killing area deer, may have the potential to infect humans, according to warnings from North American governments.


And while there has not been a case of a human infection, local experts said they have been monitoring the illness with the same concerns.

“We’re absolutely discussing things like that,” said Wayne Laroche, the Pennsylvania Game Commission’s special assistant for chronic wasting disease response.

Last year, a branch of Health Canada — the Bureau of Microbial Hazards — issued a risk advisory opinion, warning that “the most prudent approach is to consider that CWD has the potential to infect humans.”

That warning followed a series of tests performed by Canadian researchers on animals, including human-like macaque monkeys, which became infected with the disease.

Officials at the U.S. Centers for Disease Control and Prevention also have referenced the tests, explaining macaques contracted the disease when they were fed muscle or brain tissue from infected deer and elk.

Some of that meat, according to the CDC, came from asymptomatic deer — deer infected with chronic wasting disease that appear healthy and have not yet begun to show symptoms.

“To date, there have been no cases of (chronic wasting disease) in people and no direct proof that people can get (the disease),” according to a CDC report. “Nevertheless, these experimental studies raise the concern that (the disease) may pose a risk to people and suggest that it is important to prevent human exposures to (it).”

Chronic wasting disease is a resilient prion — an infectious protein — which attacks deer brains, eventually leading to a loss of motor functions and death. It is similar to but not the same as mad cow disease.

In some cases, a deer doesn’t begin to show symptoms of chronic wasting disease until a year after contraction, according to the Game Commission. Symptoms include drastic weight loss, stumbling, listlessness and other neurologic symptoms.

The disease was first detected in Blair and Bedford counties after the 2012 hunting season.

A disease management area spanning more than 2,000 square miles has since been created, and it includes parts of Bedford, Blair, Cambria, Clearfield, Franklin, Fulton, Huntingdon and Somerset counties. The area is known as DMA 2.

The disease likely got its start sometime in the 1960s at a feed testing facility in Colorado and was transported to other areas through infected deer.

“They were trading deer,” Laroche said, hinting at a larger problem of humans spreading negative environmental factors from place to place.

“It all boils down to people,” he said. “We’re moving everything around.”

Chronic wasting disease has been detected outside of North America, including in Norway and South Korea.

Locally, 25 deer tested positive for chronic wasting disease in 2016, Laroche said. All of the deer were in or near DMA 2, “the only area of the state where (the disease) has been detected in the wild,” according to Game Commission data.

In 2017, 55 deer tested positive for the disease in Pennsylvania, Laroche said, revealing that the number could increase as 4,000-plus 2017 samples still have not been tested.

Chronic wasting disease can be spread through direct physical contact or through bodily fluids, meaning if a deer expels excrement onto a surface and another deer comes in contact with that surface, it can become infected.

That makes areas frequently populated by deer — bait piles, salt licks and deer pens — especially concerning, Laroche said.

“Those are likely places where we might have a high enough dose for infection,” he said.

And once an area is contaminated, it can remain that way for more than a decade, Laroche said.

“This stuff can be on the landscape for at least 15 years and be infectious,” he said.

To both study and eliminate the spread of chronic wasting disease in Pennsylvania, Game Commission officials have occasionally suggested culling deer.

In early 2017, officials addressed a crowd gathered at Central High School, revealing a consideration of using sharpshooters to kill targeted groups of deer in areas where the disease is abundant.

And just last month, officials announced a since-halted plan to kill about 40 deer in the Portage area to monitor the spread of chronic wasting disease.

In both of those cases, plans to eliminate deer were met with much criticism from local hunters who are concerned the killings could drastically decrease the chances of bagging a buck during the following hunting seasons.

“Of course everybody is worried about the deer (they’re) going to get next year,” Laroche said.

Laroche said he has spoken with a number of hunters who believe the problem will go away or “burn itself out” without human intervention.

“It may burn itself out, but there may be just smoke and ashes left,” Laroche said, explaining the disease has already decimated deer populations in Wyoming, where it is predicted that the animals “could be extinct in 40 to 50 years” if remedial action is not taken.

“We absolutely need the support of the public,” Laroche said. “We are doing it for them, for their kids and for the future of hunting.”

One thing is for sure: Now that chronic wasting disease is here, Pennsylvania hunting is going to change, said John Kasun — a longtime hunter, outdoors writer and columnist for the Mirror.

“I don’t want to take a doomsday approach, but we are going to see a change,” he said.

Kasun said he encourages hunters to strive to be part of the solution through engaging with officials, listening and responding with thoughtful feedback. He also said they should report any suspicious deer activity.

Kasun also acknowledged a culture of conflicting information and opinions surrounding chronic wasting disease, calling the illness “a cauldron of misunderstanding and misinformation.̶1;

“I think we have to increase our communications about the issue,” he said. “We should be focusing on what we can do to help. … Unfortunately nobody has that answer yet.”

At least one Blair County deer meat processor, who asked not to be named, made sure to point out that there is no evidence that humans can surely contract the disease and said he is doubtful that they can.

It seems it will be some time before that question can be answered, as “scientists expect the study to take many years before they will determine what the risk, if any, of CWD is to people,” according to the CDC.

[hosede] 08/2/2018 17:28

Romeike
but perhaps it's the one to be on. Dow already down 500 today and it's only early afternnon

[romeike] 08/2/2018 16:50

Just when things are looking up Mark Carney sticks his ugly mug in to ruin it.

[abdullla] 08/2/2018 15:46

When America sneezes...............! Not to worry we have GSK to fix all their problems!

[hosede] 08/2/2018 15:33

Pineapple, Gary
I think it's you who are the dreamers. Since 2009 the DOW has risen 20,000 points in five waves. A 38.2% Fib decline looks the minimum - it could be much more. UK shares are nothing like as overvalued, but the old adage "When America sneezes..... still applies

[losos] 08/2/2018 15:19

abdulla - "we all know it won't happen,if there's going to be any jumping then let's pray for the hedgehogs!"

haha.......or maybe the rabbits!!

[romeike] 08/2/2018 14:55

I don't like to criticise other peoples' posts but hosede is simply on another planet.

[abdullla] 08/2/2018 14:10

Emails have their own options menu,just use junk or other suitable option to delete or discard .

[jrphoenixw2] 08/2/2018 13:49

@ Abulla - jeez I'd forgotten that setting link was even there. Is it listed as 'Show message notifications' under General Preferences, as I don't see any specific reference to e-mail?

Thx!

[jrphoenixw2] 08/2/2018 13:43

Excerpts from an article in today's Telegraph:
'NHS patients should be allowed to vape indoors and even in their beds, public health body advises
Hospitals have been told to start selling e-cigarettes and letting patients vape indoors - and even in bed - under controversial new health advice.
Public Health England (PHE) said every smoker struggling to quit, including pregnant women, should be encouraged to take up e-cigarettes.
Officials urged hospitals to replace smoking shelters with vaping lounges, and said patients should even be allowed to vape in their beds, if they had single rooms.
And they said the devices should be given out by GPs on prescription, to encourage wider takeup. The calls come as PHE published an independent review into the evidence surrounding e-cigarettes.
The report, by experts from King's College London and the UK Centre for Tobacco and Alcohol Studies, the University of Stirling and Cancer Research UK, suggests e-cigarettes are helping up to 57,000 smokers a year to quit. And it restated previous claims that vaping is at least 95 per cent less harmful than smoking, while putting the increased cancer risk at less than 0.5 per cent.'

That's just the opening of a looong article, but contains most of the substantive points made.