Lloyds Banking Share Discussion Threads

[careful] 12/7/2019 09:32

the 'Billy Graham rule'.
Would not have worked in the swinging sixties.

Rolling Stones member Bill Wyman used to record the number of groupies he had been with over a 3 year period.
he was like an accountant.

It numbered hundreds, and his fellow band members.
These groupies just hounded them, not that they minded.

Now we have ministers resigning because they touched a woman knee.

Baffling.

[minerve 2] 12/7/2019 09:28

Some men would always want to eat with other women and NEVER with their wife. I bet there are a few on this thread. LOL

[minerve 2] 12/7/2019 09:26

Cheshire

You are making yourself sound stupid and ridiculous trying to defend the indefensible and with your little stupid anecdotes.

It is a fact that most day-traders and spread-betters lose their money, most over a short period of time. Data and facts have proven this. Most enter the activity without knowing anything about risk management when that is the first thing they should understand.

As far as Thatcher, I watched the BSE program last night and one of the top experts on its spread mentioned that Thatcher's activity to eliminate nutritional targets at school helped fuel MRM into the diets of children. This isn't the first time I have heard this. Fact is a fact. You can't argue that fact with silly little anecdotes.

[cm44] 12/7/2019 09:24

Just why does the media give this moron headline space?

Noel Gallagher has intensified his feud with Lewis Capaldi by saying Scotland "is like a third world country"

[careful] 12/7/2019 09:22

Boris will get his deal.
Things have moved on.

Farage and his anti foreigner party, UKIP/Brexit/Nat front what ever they call themselves at a given moment will be dead meat, apart from a handful of the usual type.

[hernando2] 12/7/2019 09:03

I think Bargain Bob was ranting on about how Scotland have no influence in westminster and their votes are ignored.

Well if Scotland hadn't voted in so many labour MPs in 2005 we would have had another dose of the odious Tony Blair...

No influence at all.....

Drivel from the SNP foaming at the mouth

[alphorn] 12/7/2019 08:48

cheshire #548. 'Can' is the operative word.

Always worth remembering that there are two sides to a trade - one will gain and one will lose. Not a one way bet.

[xxxxxy] 12/7/2019 08:43

Easy money but not in the UK

By JOHNREDWOOD | Published: JULY 12, 2019

On Wednesday the Fed chairman Jerome Powell signalled that US interest rates are likely to fall at the next Fed meeting. Whilst he was able to report continuing good growth in jobs and wages, he pointed to trade uncertainties and a slowdown in the rest of the world as a reason the Fed might want to ease a bit more.

Meanwhile the Germans have just issued a government bond with no coupon, to the delight of their fans in the market who dutifully bought it. You might have thought the only reason you would want to own a government bond is to enjoy a secure income on it, yet here we have one which guarantees you no income whatsoever. Presumably the people who bought it expect a further fall in interest rates and more buyers willing to pay more for it in due course. They will need to sell it again before maturity. If you think buying a bond with a guarantee of no income return is foolish, then the only justification is to find someone more foolish to sell it on to at a profit before the reality of the no return bond is confirmed by repayment at par. There is speculation in markets that the arrival of Christine Lagarde as President of the European Central Bank will herald looser money and rates going negative.

Why have interest rates stayed so low for so long? How much longer will this apparent madness continue? The great banking crash on both sides of the Atlantic impaired the ability of commercial banks to generate cash and provide enough loans to propel good rates of economic growth. Intense global competition, large reserves of unemployed and underemployed labour and the advent of digital commerce all reinforced the trend to keep prices down. Many people responded to the ultra low rates by saving more. Japan shows this situation can persist for several decades, where a worse banking crash ushered in a long period of zero rates and no inflation. The position in the west should not last as long, given the less intense crash and the higher propensity to price rises in some places. Indeed, the USA did get its interest rates up to 2.25-2.5%, high levels for an advanced country in current conditions.

The Bank of England looks increasingly isolated and cut off from central banking trends elsewhere. The tight UK money squeeze has slowed the UK economic markedly, yet still the Bank presses on with it. If the Fed thinks the US needs more stimulus after a first quarter growing at 3.1%, surely the UK economy now scarcely growing at all needs a boost?

[maxk] 11/7/2019 22:53

Is Boris determined?, really really determined??



"My conclusion is that a determined Prime Minister can get us out."

[minerve 2] 11/7/2019 22:25

Cheshire

I used to day trade and momentum trade.

Probably know more about it than anyone on this thread.

It isn’t something you should be encouraging IMO.

[xxxxxy] 11/7/2019 22:15

A determined Prime Minister can ensure we are out of the EU by 31st October

Sir John Redwood

For too long we have witnessed this Parliament trying to delay or dilute Brexit. The very institution the British people has trusted to govern us has shown a pathetic reluctance to take on the task. Instead of leading us proudly and sensibly out of the EU, Parliament has served the EU’s interests by making up problem after problem where there is no issue, and exaggerating every complexity. It has been a sorry case of Parliament against the people. We are now close to the Conservative Party electing a new leader who will be committed to our exit by 31st October. Boris Johnson – who has my support and is likely to win – has told us we will leave then, “do or die”. Jeremy Hunt has shifted closer to saying we must leave by that date. Yet there are still some in the Remain-supporting media who trot out the falsehood that as there is no majority for a so-called no-deal exit, Parliament will not allow such a departure. The first thing to grasp is there is no such thing as a no-deal exit. Despite the weak and lacklustre negotiation conducted by Mrs May, there are various agreements and arrangements ready for our exit without signing the Withdrawal Treaty. There are haulage, customs, government procurement and aviation agreements and arrangements. The EU has set out how they will handle such an exit, and the UK Government says they too are ready, after three years to prepare for just such an eventuality. There is no great problem with the border between Northern Ireland and the Republic of Ireland/EU. It is today a complex border, with different rates and coverage of VAT and Excise taxes, and different currencies. The necessary calculations and payments for most trade are not made at the border, but by computer away from the border with settlement to the relevant tax authorities against electronic manifests of the consignment. So too could any tariffs and customs adjustments be done. There is no UK need to put new barriers and impediments on the border once we leave. How could Parliament seek to prevent exit without the Withdrawal Treaty? Some say Parliament could pass a motion to condemn a so called “no-deal”; exit. As we are due to leave in both UK and EU law, a motion would not trump that legal obligation. There would also be a need to define a “no-deal exit”. Some say the forces of the Opposition could somehow grab control of parliamentary business and pass an Act of Parliament amending UK law to delay or cancel our exit. It is difficult to see how. Of course, a parliamentary process to repeal the European Union (Notification of Withdrawal) Act and the EU Withdrawal Act could keep us in the EU, but I do not believe even this Parliament would dare to try that or have a majority to do so. Parliament would need to take down the Government first anyway, assuming a government still hostile to the idea of staying in against the results of the referendum. Parliament would then need to form a pro-EU government, establish a majority for the repeal, argue and vote it through against strong opposition and ignore the hostile response of the public who expect Labour and Conservative MPs to fulfil their manifesto pledges to get us out. It is important to grasp that EU law is superior to UK law. As we are leaving in EU law on 31st October, that can only be stopped by amending the EU law as well as the UK law. Mrs May delayed our exit because she wanted to. The Prime Minister can request a delay to our exit, and will get one if the EU consents. That is how EU law was changed to keep us in from April to October. Assuming a Prime Minister is determined to get us out, there will be no request for delay and therefore no further delay. Could Parliament instruct the Prime Minister to request a delay? That too would be difficult with a determined Prime Minster. The Government controls the Order Paper, moves money resolutions and possesses Crown prerogative. These are all necessary for the passage of legislation. Nor could Parliament require delay, as it is a deal between the UK Government and the EU. They can only require the Prime Minister to seek a delay, not mandate a delay. My conclusion is that a determined Prime Minister can get us out.

[inaminute] 11/7/2019 21:57

I notice you didn't mention a football team

[xxxxxy] 11/7/2019 21:47

The EUSSR is BADThe EUSSR is ROTTENThe EUSSR STINKSThe EUSSR is FAECESLet'sLEAVE and WTO

[cheshire pete] 11/7/2019 21:26

Yes, he made the point too about trade with Peru. Some friends built up a successful import / export business with far flung places all over the world and had some very good holidays while making the deals.

[crossing_the_rubicon] 11/7/2019 21:15

Cheshire.

"Money and travel time not the only factors careful. Quality, choice, the experience, staff, good coffee shop in or nearby, parking etc"

Precisely.

For Remainers though it is always about money, their pockets, their 30 pieces of silver.

[cheshire pete] 11/7/2019 21:00

Careful #515: "Who ever shops at a supermarket if it is a bit further away?"

Money and travel time not the only factors careful. Quality, choice, the experience, staff, good coffee shop in or nearby, parking etc.

[bargainbob] 11/7/2019 20:45

Only one way to solve it .work in progress.

[hernando2] 11/7/2019 20:31

the West Lothian question is the only one that matters..