Lloyds Banking Share Discussion Threads

[manonph] 16/6/2020 22:21

Powell head of the FED said something mildly disappointing and it was used as an excuse to take the froth of the market.

[cobourg1] 16/6/2020 22:11

I think it was tracking a FTSE dip. BP dropped and partially recovered at the same time.

I want Santa to give me a Bloomberg terminal for Christmas, so I will know WTF is going on in time to do something about it.

[buywell3] 16/6/2020 22:04

5M not bad with a pop of under a million, probably a few illegals in there.

see buy thread for the info on Dexamethasone reduces death risk in severe COVID-19 cases

[utrickytrees] 16/6/2020 21:52

xxxxxxxxx Jock News xxxxxxxxx

Derby City council have confirmed they have recieved a petition of 5M signatures supporting the removal of the statue of the Bonnie Prince. A spokesman refused to be drawn on reports that unless the statue was removed by the wkend that it would be chucked into the river Derwent, but did acknowledge that the overwhelming number of Derberians rated the removal of the statue as the single most important measure that could put Derby on a level footing with other top cities such a Tokyo, Sydney & San Francisco.

[xxxxxy] 16/6/2020 21:43

Regarding vaccine which some seem to think is just around the corner. That is probably delusional and illusion. I wish it wasn't: but think the vaccine is many years away. Mutations. Real complicated.

[scruff1] 16/6/2020 21:43

Anyone know the reason for the general fall around 3.0 pm ?

[xxxxxy] 16/6/2020 21:40

Ian Mcleod
16 Jun 2020 8:45PM
We are now in a deep recession and if this government does not wake up we will be in a depression. Stop dithering Boris - 1m rule and no quarantine would be a start to help correct this mess.

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Irrele Vent
16 Jun 2020 6:31PM
Sturgeon's latest excuse for a fight with Westminster - she wants the UK goverment to extend the furlough scheme so that those of us in Scotland who are furloughed can continue to get some money whilst she extends our lockdown until Scotland is an economic wasteland. If Westminster refuses and people start to get laid off when the furlough ends, she can blame it all on the Toreez.

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Phil Hunter
16 Jun 2020 6:37PM
She really is awful, isn't she?

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Thes Aurus
16 Jun 2020 7:51PM
Fail to understand why there is so much anger directed to our own Govt who obviously can’t help everyone.

The anger should be directed at China by boycotting Chinese goods.


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PVF Cosgrove
16 Jun 2020 8:06PM
@Thes Aurus Yes, indeed! Even more anger against China for designing Covid-19 and failing to ensure that it could not possibly escape.

Some nuke cruise missiles on its islands in the South China Sea would show how very angry we are with them.


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Sorwar Abedin
16 Jun 2020 12:00PM
While the figures are bad, we need to understand that the unemployment rate has gone up from 3.9% to 6.8% and so it is still relatively low by European standards.



France had unemployment of 8%, Germany 5% and Spain at 14% at the start of 2020.



I suspect that the unemployment rate probably would not rise much above the current levels as most of the UK's trading partners are starting to open up and there has been no resurgence of the virus so far - in fact the infection rate is falling everywhere in the developed world.



The real worry is that what will happen come the Autumn when the weather gets colder and if there is no effective treatment/vaccine then it may get grimmer with more job losses.


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Michael Geddes
16 Jun 2020 12:12PM
@Sorwar Abedin



In the months ahead, you may have cause to review your prediction. Economists frequently disagree, but I have not heard any of them indicate anything other than further massive job losses around the corner. I sincerely wish that they've got it wrong, but I doubt it. And all due to government overreaction to a virus.


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Sorwar Abedin
16 Jun 2020 12:19PM
@Michael Geddes @Sorwar Abedin





That is based on the virus keeping the global economy pretty much half closed throughout the year and there is hope with effective treatments/vaccines coming through soon. They can only predict with guesswork.



And why do people keep blaming the UK government for all the ills over Covid-19?



Even if the UK kept everything open, a lot of UK industry relies on global trade and industries such as airlines would be no better off. UK cannot be not affected hugely with what happens with it's main trading partners.

[sikhthetech] 16/6/2020 19:35

xxxxy,

Re China-India border tension..

It's been simmering for a while... Apparently US's (not surprising Trump involvement) deepening alliance with India is behind it..
Is worrying given they are all nuclear powers...

[mikemichael2] 16/6/2020 19:22

Min, just be careful when your honking it up latter tonight!!!

[utrickytrees] 16/6/2020 19:15

Rashford initiates government U turn on free school dinners without intervention from the opposition. Rashford successful where Starmer fails, perhaps theres an opening on the labour front bench?

[geckotheglorious] 16/6/2020 19:02

UK Police Officers Told To "Take A Knee" For BLM Protesters

“Police in need of reform and mass firings of the upper echelons of Police force urgent. Common Purpose is responsible for this ridiculous order from above”

"It's as if those at the top of the Police force want to hole public trust in the institution...Why?"

[daddy warbucks] 16/6/2020 19:01

3 x ten million trades gone through. Could these be shorts?Let's see if the price falls tomorrow, by a penny or two, then watch it come back later in the day.

[geckotheglorious] 16/6/2020 19:01

Biden Has 'Deplorables' Moment; Says '10 to 15 Percent' Of Americans 'Not Very Good People'
“Wonder if he includes his predilection to sniffing hair and touchy feely of young women and kids generally?”

Oh and his criminality and deceitful hypocrisy over Ukrainegate

[sikhthetech] 16/6/2020 19:00

"But economists say the full effect on employment will not be felt until wage support schemes end in October."

[optomistic] 16/6/2020 18:52

36p not long to wait :-)

[mr.elbee] 16/6/2020 18:51

borrowing money...when done by governments..is NEVER paid back

[alphorn] 16/6/2020 18:17

max - saw that; unbelievable.

[maxk] 16/6/2020 18:14

Fluffing your exams? No problem, we have the solution.

[geckotheglorious] 16/6/2020 18:05

Swedens annual tourism - 2018
14.926 million

UK annual tourism - 2018
37.9 million

As I said, Sweden has no international global city(UK does) , there is a far larger populace travelling to/from UK annully than Sweden. Before Illegals.

Swedens model is not the one to follow for a global city,and a far more transient populace!!!! Common sense in fact.

Compare like for like - Sweden is far worse than Norway/Denmark.
Why?

[jl5006] 16/6/2020 17:57

And considering that only 290 cases were said to c 19 - without supporting evidence of organ failures - under 60.
Where is credibility.
It does matter that the knownouts do not know - but their press guard times will destroy their future.
No paper print.
Fact only emerges in a physical form = watch and see self inflicted destruction
GLA