Lloyds Banking Share Discussion Threads

[mitchy] 19/3/2020 09:33

China report no new cases apart from new arrivals . And there's the rub. How do China stop getting infected all over again other than by continuing lock down ? The communist system is much better equipped to handling this sort of crisis. For the west it could be end of days. The capitalist system is about to collapse. OR , the boffins can produce a 'cure' and a

[alphorn] 19/3/2020 09:31

#869. You have got it; not been an overnight move.

[chavitravi2] 19/3/2020 09:13

Crikey, this doesnt know where to go. As for our currency it's at €1.0646 to the pound. The currency markets must think we are handling this all wrong and our fiscal position is bad.

[xxxxxy] 19/3/2020 08:47

Learn the lessons.Become self reliant.Made in UK.No Deal

[xxxxxy] 19/3/2020 08:45

Goodbye to Globalisation. And all that.Imperative.Made in the UKNo DelayN9 Deal

[diku] 19/3/2020 08:43

From the media..


Officials believe that London, with its population of nine million people, has become a "city of superspreaders", prompting the Government to consider its effective closure as early as this weekend.

[xxxxxy] 19/3/2020 08:28

8000 die and pubs stay open and London underground stays openhtTps://en.m.wikipedia.org/wiki/Great_Smog_of_LondonAnd the economy was not devastated

[poikka] 19/3/2020 08:19

Currency - a flight to perceived security...always happens.

[mitchy] 19/3/2020 08:18

Looks like the machines have taken over the market. Never seen such wild swings.

[bspgamer] 19/3/2020 08:01

A what about rolls Royce and Bentley ?

[mitchy] 19/3/2020 07:57

Agreed. The young don't clean or repair. They just throw away.

[xxxxxy] 19/3/2020 07:50

The markets are badly rattledBy JOHNREDWOOD | Published: MARCH 19, 2020The last couple of weeks have been the most extreme in post war advanced country Stock market history. Never before has there been such a plunge into recession so quickly, and never before has there been such a large and uninterrupted fall.What are they telling us? Why have so many investors decided to sell out at ever lower prices?The rational part of the story is the sudden coming of the virus and the combined decision of governments on World Health Organisation advice to close down big parts of their economies to slow the spread of the disease.Normally in a bad recession the parts of the economy serving the discretionary purchases people make when they are feeling reasonably confident and well off like holidays, higher end retail, restaurant meals get hit more. The businesses involved may see a 20-25% fall in turnover, often taking them into loss and maybe threatening the dividend. In this recession, created to fight the virus, many of these businesses will lose most of their revenue for a time or may be forced to close.Some running a hotel or B and B or pub or restaurant or travel business will be asking themselves today whether they should sack their staff now to cut their outgoings, and negotiate soon with landlords and suppliers to get their other bills down. As more do this so there will be a further contraction in demand as their staff lose their jobs and experience a sharp fall in income and consumer confidence. It is vital governments do more to avoid staff losses and to help companies through what should be a temporary problem. I have put my proposal again to government to offer substantial cash support for paybills for companies with a large virus created drop in turnover in return for those companies keeping the staff on for the recovery.The happiest outcome we can now look forward to is an early decline in new cases of the disease in the major countries followed by an early removal of controls. Then the economies can bounce back. If this is prolonged more businesses will go bankrupt, more jobs will be lost and the misery compounds.In the markets there has been a big shortage of dollars. 5 leading Central Banks were aware of this and made more dollars available, but it has not proved enough so far. There has been a rush into cash, especially dollar cash. Even so called safe haven assets like gold have sold off recently.Nothing on this site is investment advice. This is commentary on what has happened.

[bargainbob] 19/3/2020 07:49

Mike , fear London will be in lock down till end of summer.

[cobourg1] 19/3/2020 07:29

OCDO closed down to new online orders.
A queue of thousands.
..................................................................................

It's not just OCDO. Bloody OCADO are shut down as well, even to dyslexics apparently.

[aljm] 19/3/2020 05:15

Does a Chieftain Tank qualify for the Congestion Charge ?

[pawsche] 18/3/2020 23:18

@k38 - 18 Mar '20 - 16:36 - 297106

We pass the 100 deaths in UK...an increase of 33.

How terrible! You do, I assume, realise that on average 1,480 people die EVERY DAY in England and Wales? Covid-19, as yet, isn't even a rounding error.

[stonedyou] 18/3/2020 22:52

Age of Coronavirus Deaths

COVID-19 Fatality Rate by AGE:

*Death Rate = (number of deaths / number of cases) = probability of dying if infected by the virus (%). This probability differs depending on the age group. The percentages shown below do not have to add up to 100%, as they do NOT represent share of deaths by age group. Rather, it represents, for a person in a given age group, the risk of dying if infected with COVID-19.



AGE

DEATH RATE
confirmed cases DEATH RATE all cases

80+ years old 21.9% 14.8%


70-79 years old 8.0%


60-69 years old 3.6%


50-59 years old 1.3%


40-49 years old 0.4%


30-39 years old 0.2%


20-29 years old 0.2%


10-19 years old 0.2%


0-9 years old no fatalities



*Death Rate = (number of deaths / number of cases) = probability of dying if infected by the virus (%). The percentages do not have to add up to 100%, as they do NOT represent share of deaths by age group.

In general, relatively few cases are seen among children.

[mikemichael2] 18/3/2020 21:43

Why is our pound getting hammered all the time when its just as bad in Europe, and America, or worse?

[careful] 18/3/2020 21:38

OCDO closed down to new online orders.
A queue of thousands.

[diku] 18/3/2020 21:31

With schools closing what chance of a lockdown this w/end?...people are well stocked up with all that panic buying...