Lloyds Banking Share Discussion Threads

[alphorn] 12/3/2020 08:51

Fangorn, or whatever your handle was before CtR and WBecki has become increasingly bitter over the years. It has addled your judgement.

[crossing_the_rubicon] 12/3/2020 08:50

"Joe Say12 Mar '20 - 08:02 - 296098 of 296108
we need to stop flights to and from Europe now given the US's actions
Where would you hazard a guess they'll transit through - LHR per chance?"


Indeed. We are still receiving flights from Italy, and infected zone, and have no health checks of any sort on their arrival at LHR / Gatwick and co.

Very sinister.

The excuse. They get checked at the port of embarkation so we do not have to.

Farcical.

[crossing_the_rubicon] 12/3/2020 08:48

@K38

Alp is holed by Remoanerdom. Not worth listening to ensconced as he is, over in Switzerland.

[chavitravi2] 12/3/2020 08:48

We are an island, if we had earlier brought the shutters down for 30days it would have maybe protected us better but the economy would have taken an all mighty hit so I suppose that's why it wasnt done.

[xxxxxy] 12/3/2020 08:46

Keep up the boycott of goods and products of the EUSSR.No Deal

[crossing_the_rubicon] 12/3/2020 08:46

I cant believe the gall of this muppet at the WHO.

Having shilled for China and refused to call this a pandemic , which it clearly was as far back as 4 weeks ago....

He now comes out with this.

World Health Organization declared the global coronavirus crisis a pandemic.

"We have called every day for countries to take urgent and aggressive action. We have rung the alarm bell loud and clear," said Tedros Adhanom Ghebreyesus, the WHO chief. The organisation added that Iran and Italy are the new front lines of the battle against the virus that started in China"


Laughably inept.

UN is a busted flush.Needs to be disbanded.

[xxxxxy] 12/3/2020 08:45

BREXIT has to be a sovereign independent BREXITNo Deal

[xxxxxy] 12/3/2020 08:44

The UK has left Prison EUSSR. The UK is not in Euro zone usage. The UK is physically not part of Continental Europe.Soon to remove our shackles to the EUSSR.NO DEAL

[alphorn] 12/3/2020 08:32

chucko - you don't open forex positions based upon 'averages'. If you don't understand that I suggest that you keep away from forex.

[thomstar] 12/3/2020 08:29

But I don't think there is any scientific evidence that those in eu wash less that the uk

[chavitravi2] 12/3/2020 08:26

Looks as if the Donald is shutting up shop. Doesn't look good for my holiday next month if others do the same. Not mention trade.

[patientcapital] 12/3/2020 08:20

It's in relation to the Schengen area, Bob. ''Twas ever a foolish idea.

[thomstar] 12/3/2020 08:17

He is sending a political message the he would rather deal with uk than eu.

[bargainbob] 12/3/2020 08:03

Numpty Trump and Stonedyou , do not think UK is in Europe anyone more.

[joe say] 12/3/2020 08:02

we need to stop flights to and from Europe now given the US's actions

Where would you hazard a guess they'll transit through - LHR per chance?

[1 nhs] 12/3/2020 07:45

Tap to play

[xxxxxy] 12/3/2020 07:08

No British fish for the French.No Deal

[xxxxxy] 12/3/2020 07:07

The budgetBy JOHNREDWOOD | Published: MARCH 12, 2020I will post my speech in Parliament yesterday on the budget this morning.It is good to see the Bank and the Treasury working together to provide a package to tackle the problems that will flow should the epidemic spread widely in the UK. They also need to work together on the growth strategy for post the epidemic, and on measures to improve productivity and therefore real wages.The budget judgement produced £18bn of fiscal easing, or under 1% of GDP. The measures for a single year to tackle the virus are additional and would not be repeated.We will need more tax cuts to promote growth and enterprise in the Autumn budget. The Chancellor had very little time to produce his budget, so it is not surprising he did not open up the issue of cutting tax rates to increase revenues and growth. Levelling up around the country is an important task. It needs more enterprise and private sector investment and company formation around the UK.

[patientcapital] 12/3/2020 07:04

UK should have done that some time ago.

[k38] 12/3/2020 01:35

More bad news for Brussels..A 30 days ban on travel and goods from Europe to America.

[chucko1] 12/3/2020 00:50

Alphorn, your statistics regarding the GBP vs. EUR and CHF crosses are highly misleading. As another poster (K38) mentioned, the average for GBP/EUR was around 1.19 from 2009 to June 2016. This is not contestable. Prior to 2009, it was a lot higher, but is that really relevant for the comparison you are trying to make?

As for using the CHF, what does that prove? That currency has been ultra strong since 2008 against every currency in the world, including the JPY, for reasons of flight to safety. And it was ever thus with that currency. The strength of the CHF has been notable in the past few weeks, again as a flight to quality in a time of perceived crisis.

In terms of GBP weakness, that has generally been the case for the last 50 years, since the U.K. has tended to have higher inflation and therefore interest rates. So once again, a perpetual shorting of the GBP may have seen capital gains, but at the expense of funding losses. Consequently, a long term graph tells you little unless you do a proper analysis which includes the yield curves of both currencies.

[alphorn] 11/3/2020 23:53

I have put the % declines and dates on my thread just out of interest. I have been consistently bearish GBP as anyone who reads my stuff will know - a very profitable view indeed. Unfortunately, Lloyds has been a loss leader. ;)

[maxk] 11/3/2020 23:48

Alp.

I think the markets have been in fantasy world for some time.

Big bang coming (wrong kind of bang)

[k38] 11/3/2020 23:40

Alp no need to be a sad loser. Learn how to lose with a smile......;))

[alphorn] 11/3/2020 23:33

max - No - probably safer to stay in k38's fantasy world.