International Consolidat... Share Discussion Threads

[m1k3y1] 15/3/2020 22:41

logan......I think that is quite a big statement to make.

I thought China had caused this.

[smartie6] 15/3/2020 22:40

Dreamers.
Be lucky if ftse doesn't lose 800pts tomorrow.

[watfordhornet] 15/3/2020 22:37

The pilots have gone quiet - thought they were complaining about their free flights in business class

[loganair] 15/3/2020 22:36

Actually the airlines did cause this as they are the ones who transported the infection around the world.

[dround87] 15/3/2020 22:33

Dipping below 5400 now

[smithys2019] 15/3/2020 22:32

National governments could agree to pick up the airline wage bill as compensation for ridiculously shutting down airspace globally for no real benefit, mindful Corona is everywhere anyway.

The airlines did not cause this, mass media hype and a government wanting to look like they were doing something caused this. I reckon airline staff are staring down the barrel of a 2-3 month unpaid furlough. Many cabin staff live in rented homes around Windsor/heathrow and Crawley. It’s going to have a huge knock on if people lose their homes, get behind on loan payments etc when they need to return to work. Which they will when IAG clears the floor. It’s the only european airline group to have kept excellent balance sheets, liquidity and stuck to a conservative growth model, and it looks as though that will save them.

[dround87] 15/3/2020 22:32

You don't need to tell me! At present I'll be hurt more by a rise in the ftse than a big drop here. 2/3rd hedged in XUKS. Swapped out of SUK2 at 4pm on Friday thank god!

[smithys2019] 15/3/2020 22:27

Drowns, I don’t want it to stop a fall. I fully want to fill my boots tomorrow when every panicked amateur investor is dropping their holdings in this Stirling company.

I will be filling my boots below 250 I hope.

[m1k3y1] 15/3/2020 22:24

dround....I wonder how much the airlines will need .

[loganair] 15/3/2020 22:20

S&P Futures have already reached 'Limit Down.'

[smithys2019] 15/3/2020 22:17

Mike drop... Boom. Fed helicopters 0.7 Trillion dollars in support to the market.

hxxps://youtu.be/AfUaiBJSpTc

[dround87] 15/3/2020 22:16

I don't know how this can stop share prices falling given the headline stats but cheap credit now reduced the liklihood of a bailout. Happy with this.

[m1k3y1] 15/3/2020 22:09

Thanks Dround

[m1k3y1] 15/3/2020 22:09

As I said earlier, they will not want flights to be suspended for longer than required.
I doubt it will be months. My guess 4 - 6 weeks but it is only a guess.

It will be impossible to wait until there are no cases worldwide before resuming flights.

[dround87] 15/3/2020 22:09

Falling though

[dround87] 15/3/2020 22:08

Just use IG. Think you can see the daily graph without an account.

[m1k3y1] 15/3/2020 22:07

dround have you got a link please, mine not working.

[careful] 15/3/2020 22:06

Fed also adds £700bn of a sort of QE at the same time to help liquidity in the derivative markets.

The plumbing of the financial markets is complex and too complicated for most of us to understand.

[dround87] 15/3/2020 22:04

FTSE100 futures UP at 5500

[m1k3y1] 15/3/2020 22:02

The FT
Updates

[m1k3y1] 15/3/2020 21:55

CNN
Federal Reserve cuts rates to zero to support economy during coronavirus pandemic

[cyberian] 15/3/2020 21:37

Just read the full US FED announcement and action combined with ALL the major World Central Banks...this is quite a huge support and appears to be open-ended for this virus issue to be under more effective or complete control. The condition of the global economics has to be protected/sustained. Hopefully this will help the markets at least stabilize tomorrow...timing of decision was urgent and critical...thanks loganair for the prompt.

[smartie6] 15/3/2020 21:37

Let the idiots believe that every industry is going to be bailed.
Pure fantasy.
Let them all fail. Never too big to go under.

[loganair] 15/3/2020 21:16

Air France puts 80% of its employees on temporary unemployment.