Lloyds Banking Share Discussion Threads

[stonedyou] 23/12/2019 18:09

QUESTION: Mr. Armstrong; I have tracked the IMF forecasts alongside yours and it

clearly appears that they are mimicking you very closely. However, something

strange has taken place, for now, their latest warning it seems to be politically

motivated. Lagarde warns that the U.K. economy will contract with a hard Brexit.

Is this coming from you or is it political?

All the best



ANSWER: Christine Lagard’s forecast or warning is political in nature. Stating

that the UK economy would rapidly start to contract in the event of a disruptive

exit from the EU next spring with a no-deal Brexit is really just absurd. This is

political in nature and this statement itself reveals the political nonsense.

Britain is the BIGGEST export market for German cars in Europe. A no deal would by

NO MEANS only impact Britain. You would see Germany turn down hard as well.


A BREXIT would allow the UK to cut its own trade deal with the USA and everyone

else outside of Europe. As it stands now, whatever Britain wants is subject to

vote in Europe and the French have a tendency to veto whatever Britain wants

anyhow. All the evidence point to exactly the opposite of Lagarde’s warning.

Whatever loss in trade with Europe that takes place will be more than offset with

trade around the world.


Britain has been in declining economic growth ever since it joined the EU. This

entire issue of a hard BREXIT is taking place because Theresa May does not want to

leave the EU personally and has sabotaged the entire effort placing the politics

of Britain at risk as a whole by dividing the Conservatives, to begin with.

Brussels is more interested in PUNISHING Britain as an example to prevent others

from leaving because the Euro is their only power and if that goes, there go all

the pensions for those in Brussels.

This is NOT about what is good for even the German car manufacturers. This is now

about protecting EU political jobs, not the people or the economy.

[k38] 23/12/2019 18:06

It's open for me, but thanks.

[jacko07] 23/12/2019 17:31

k...post a link we can open mate!!

[k38] 23/12/2019 17:22

Let's all have a Great Christmas and a BBC Licence Free New Year. The Brussels Broadcasting Corporation, (formerly BBC News Channel), TV licence will set you back £154.50 over a year.https://www.bing.com/videos/search?q=no+license+tv&view=detail&mid=B446B64FE5A5963E3A49B446B64FE5A5963E3A49&FORM=VIRE&PC=MOZB

[extrovert] 23/12/2019 16:21

Big holders like Blackrock will be making a fortune trading their holdings up and down and making 10% either way, so we will be going nowhere fast here and other UK bank stocks behaving the same way imo.

[utrickytrees] 23/12/2019 16:12

Instead of a buyback I'd like to see a special dividend played to shareholders who kept their shares for the entire year, a sort of loyalty bonus.

[m5] 23/12/2019 13:55

slater523 Dec '19 - 12:30 - 287719 of 287721

Oh dear, what are they worried about? They won't listen, they haven't listened and they will continue to put their fingers in their ears because there can be no deviation from the vision. They did not believe we would leave, they were told we would not leave by those that knew best. It might be time to start listening our European friends. I rename this European ship, "TITANIC!

[freddie01] 23/12/2019 13:49

Fifty Shades of BBC Bias
By
The Conservative Woman


December 20, 2019

[mikemichael2] 23/12/2019 13:35

That's it, over !!

[pierre oreilly] 23/12/2019 13:20

Graham, i was thinking hadrian's wall would go north of all the ski resorts and highlands. Lerwick should be suitable as the border between the n and s scotland.

[mikemichael2] 23/12/2019 13:19

Strap in guys, Christmas Rally is here !!!

[robwt] 23/12/2019 13:16

The Germans are hurting from a slowdown of their own making. Merkel is now as unpopular in Germany as Macron is in France.

We are lucky to be out.

Happy Xmas all.

[mitchy] 23/12/2019 13:07

wendsworth - you are probably right. I'm holding fire until I see a big adjustment and possibly not even then. However the trend is still upwards and in this market you never know what is going to surface to drive the market in lloy.
The market likes the noises Boris is making. There may be a 'Trump effect' which overrides the Brexit uncertainty...who knows.
The market ,as a whole, is under valued and there is plenty of upside room.
Sterling needs to stay around $1.29c - $1.30c for the upside trend to continue in my opinion. There is always the very likely scenario that the market trades sideways.
Though I didn't vote for Boris because the 'deal' he negotiated was not good for the U.K but suspected that was only done to save his party from being slaughtered in the general election. The Real Deal ,I believe, is yet to come and as Boris is a 'Thrifty' chap it's going to be a much better deal for the U.K in terms of Ransom payments to the E.U.
How it will effect the U.K financial institutions is another matter. All my own idle musings over a xmas sherry.
Good Luck.

[minerve 2] 23/12/2019 12:34

Boris Roller Coaster rides again next year.