Lloyds Banking Share Discussion Threads

[mikemichael2] 18/7/2019 13:38

I disagree, no one knows what will happen, deal or no deal, as i said, project fear.

[alphorn] 18/7/2019 13:10

mm2 - they are talking about borrowing if you read the report.

The interesting points for this thread on Lloy are around expected falls in house prices and lower interest rates despite a fall in GBP. Both of these are likely and difficult to put down to any project fear.

[mikemichael2] 18/7/2019 12:58

'No-deal could cause £30bn economic hit, watchdog says'

Project fear stepping up a gear.

Leaves us with 7bn though!!

[alphorn] 18/7/2019 12:46

MrE #022. People have at least two preferred 'faces' for interaction if you have studied any psychology. A good example would for the police force - they should have an immediate 'fight or flight' mode - anything in the middle and they could get hurt.
Boris comes over large and in control as you say - however if in his second 'mode' it all crumbles then all you have to do is push him into that mode and he is weak.

[grahamite2] 18/7/2019 12:33

#265024 fantastic article, worth a Telegraph subscription on its own! Carswell makes an impressive case.

[alphorn] 18/7/2019 12:26

G2 #023. An uptick there. ;)

[cheshire pete] 18/7/2019 12:24

Yes I do Alphorn, having seen us kow tow to the EU negotiators for the past 3 years. Off to the gym now, work off some steam there lol.

[pal44] 18/7/2019 12:22

Graham ..If only JC got off the fence and man up !!we would not be in such a bad state. Never going to get my vote .

[grahamite2] 18/7/2019 12:15

I don't particularly see Barnier and co as spiteful bullies or anything of the kind. Rather, they are doing their jobs and doing them well. If only Mrs May had done her job the situation might be quite different.

[mr.elbee] 18/7/2019 12:03

Boris has one big advantage..he is a front row forward and is large and can be very aggressive. all very useful when dealing with the pathetic Barniers/Verhofstadts and shrieking Ursula harridans of this world.

he will need these attributes...and he aint got many other fine qualities ,I'm afraid...but the thug factor might be enough...he will leave his Brexit Cabinet to do all the heavy lifting while he makes Churchillian speeches and intimidates the Johnny foreigner EU Commission in Europe.

Well we could,and have,done a lot worse than that.

[alphorn] 18/7/2019 11:53

You believe that cheshire - you feel better now? ;)

[alphorn] 18/7/2019 11:49

The OBR report out this morning will not help the share price either.

[cheshire pete] 18/7/2019 11:44

Spiteful bully boy Barnier would do well to remember the EU needs us more than we need them when he threatens disorderly exit. Boris will call his bluff and tell him where to go. Thuggish behaviour yet doubtless remainers still can't / won't see it.

[jordaggy] 18/7/2019 11:18

Lower interest rates will hit banks hard in the NIM gooleys ...

[alphorn] 18/7/2019 11:07

#016. That is misleading. First, output could be doubled by changing the shift pattern. Then, if necessary, talking 10 years out other steps could be taken.
In the meantime Geely has issued a profits warning about sales in line with most other car companies.

[intelinvestor] 18/7/2019 11:07

See what happens to the interest rate in the US, Impact of Interest Rates on Stocks
On the other hand, when the Fed announces a cut, the assumption is consumers and businesses will increase spending and investment, causing stock prices to rise

and bond coupon would be worth less meaning investors will look elsewhere usually common stocks

[shy tott] 18/7/2019 11:04

Any desperation comes from anti-democratic remoaners who want to stop us leaving even though a clear majority of those they are supposed to represent voted to leave.

How can it be 'desparate' to wait for something expected from a referendum?

You appear desperate to leave the uk - and that's because your vote was to stay in the uk.

Why are you so out of touch with what the majority want?

[bargainbob] 18/7/2019 10:55

# DesparateBrexit

[smartypants] 18/7/2019 10:28

Michel Barnier warned the UK it may have to "face the consequences" of a no-deal Brexit.

Michel Barnier said that the Withdrawal Agreement negotiated between Brussels and Theresa May remains "the only" option that will deliver an orderly Brexit.
Barnier stressed that the UK must "face the consequences" of a no-deal, if it comes to it.

London has been aware from the start of negotiations on its divorce from Brussels that it cannot blackmail the EU by threatening it will leave the bloc without a deal.
The EU noticed the UK wasn't prepared for a no-deal Brexit at all, while the EU took the necessary measures to ensure everything works well on its side in case of a no-deal Brexit

European Commission First Vice President Frans Timmermans said that the UK wasn't prepared at all when their negotiators first came to Brussels and added UK ministers "were running around like idiots" at the time.

They still are running around like idiots because....they are idiots and they refuse to acknowledge the consequences.
................................

A no-deal Brexit would cause a recession in the United Kingdom's economy and would cause the pound to drop significantly in the markets, the UK's Office for Budget Responsibility (OBR) said in a forecast released on Thursday.
It decided to run a stress test following remarks from Tory leadership candidates Boris Johnson and Jeremy Hunt that they would be willing to allow a no-deal Brexit,

The OBR said it was concerned about a decline in confidence and rising uncertainty, adding: "Together, these push the economy into recession, with asset prices and the pound falling sharply.
Real GDP falls by 2% by the end of 2020 and is 4% below our March forecast by that point."

Furthermore, the report stated that UK debt could rise by 12% of GDP by 2023-2024 in case of a no-deal Brexit and as much as £30 billion could be added to government borrowing every year starting from 2020-2021.
As a result thereof, the OBS warned: jobs would decline resulting in a drop in income tax and national insurance; capital tax receipts would see a significant fall because of lower house prices and less transactions; and, as a result of lower interest rates, debt spending would decline.

Yer but...every one will be better off, and free right?

[crossing_the_rubicon] 18/7/2019 10:23

Lotus Cars is preparing for an expansion under Asian owner Geely Automobile Holdings Ltd. that could see the iconic British automaker open a second U.K. factory. Chief Executive Officer Phil Popham said he’s unconcerned about Brexit.

“We’re a nation that’s historically one of the biggest traders in the global market, always have been, always will be, so it’s matter of time before a new deal is done with Europe and other trading partners around the world,” he said.

#DespiteBrexit

[likeawalrus] 18/7/2019 10:08

my downfall as an investor is my endless optimism, however right now I feel nervous, I feel there is a good chance the US market is heading for a 10%-15% correction in the next few weeks which of course will impact the UK market. If I am right Lloyds will drop 8p-10p as a consequence of a US correction at which point I think it would be seriously undervalued.

[minerve 2] 18/7/2019 09:51

maxk

Did you read that sentence or did you just allow your warped brain great freedom in interpretation?

Anyway, Luxembourg at some point will need to be addressed just as much as UK provinces. Socialism will have to play a greater part in the world if there is to be peace. It is inevitable.

[maxk] 18/7/2019 09:48

Luxembourg wont like the tax thing either.