Lloyds Banking Share Discussion Threads

[sikhthetech] 16/8/2020 18:29

Coburg,

"that's not the half of it IMO!"

Agree... there's also the US Presidential Election.. China-Taiwan, Dubai property market crash (already 30-50% lower over last 5 yrs).

I've never seen so many events come together in such a short space of time, which could cause a stock market crash.


The Business small loans & Help to Buy for new builds could end up being bad loans.

[jl5006] 16/8/2020 17:42

Phps L & G are a more stable divi payer>

[cobourg1] 16/8/2020 17:30

Sikh - you see potential trouble in:

US - China Trade wars.
China - India border clashes.
China - India/Australis/Japan/US tensions in South China Sea.
Turkey-EU - Tensions in East Med.
Covid19 - 2nd wave.

................................................................................

So do I, but that's not the half of it IMO!

Citibank and Deutsche Bank, basket cases with trillions of dollars of derivatives. Too big to fail and too big to bail.

A falling dollar which may ultimately collapse on loss of confidence and have to be supported with raised interest rates. Some think the dollar's days as a world reserve currency could be coming to an end. Even a rumour of a rise in interest rates would put the cat among the pigeons.

Mad King Donald doing something barmy to try to win the election.

The Crazies in Iran. What's happening there? They must be in a desperate way by now.
I assume that they are holding fire for the moment in the hope that Trump goes.

Another Black Swan like Covid-19. Who saw that one coming?

A bank or financial institution failure somewhere in the world requiring a bail out, spooking the markets. The failure of a small bank in Belgium is said by some to be the real beginning of the 1929 crash.



Massive liquidity is being created and is ending up in equities and precious metals causing bubbles, and we all know what happens to bubbles in the end. There's a lot of things that could go wrong.


I'm keeping my put options on the Dow open for the next few months as a hedge against my position in Lloyds. Very cheap insurance.

[mikemichael2] 16/8/2020 17:12

Why, i didn't think we did anything drastically different than all other nations?

[utrickytrees] 16/8/2020 17:04

5xy, they're replacing french with line dancing on the national curriculum.

[m_n_tomlinson] 16/8/2020 16:57

xxxxxy16 Aug '20 - 07:53 - 312525 of 312530
0 0 0
Banks step up plans to close branches and cut jobs in blow to Covid-hit high street

A major shift online and declining use of cash threaten to deal another hit to the high street


... Daily Telegraph



Is Daily Telegraph fake news?

Frankly this is not what I'm seeing. I see long queues outside all Banks and Building Societies, and the town has been so busy and chock a block this weekend, it's like everything the way it was before, only that people are wearing masks when they go into shops instead.

Do my eyes deceive me or is the Telegraph indeed fake news?

[xxxxxy] 16/8/2020 16:54

Don't know if really true. It is the Express. But it does sound good. Lovely warm feeling of Brexit....Brexit lift-off: UK could forge £20trillion trading bloc with US to 'eclipse EU'THE UK will forge a post-Brexit 'Anglophone alliance' with the United States worth an eye-watering £20 trillion, an expert has claimed, packing significantly more financial firepower than the European Union can muster.... Daily Express

[essentialinvestor] 16/8/2020 14:13

mitchy, the UK to this point has experienced the most severe downturn of
any advanced industrised nation barring Spain. Brexit is a longer term situation,
not what the market is focussed on atm re Lloyds.

[scruff1] 16/8/2020 10:22

I dont think any serious commentator now believes that joining the Euro would have been a good idea apart maybe from the usual liberal loons. Certainly none speaking latino.

[portside1] 16/8/2020 10:20

Avoid their home insurance

[gaffer73] 16/8/2020 09:31

I believe that was the plan all along and it almost happened. If we had stayed in the EU we would have become totally dependent on them in the next 5 years.

[gaffer73] 16/8/2020 09:28

Exactly, Greece, Italy, Spain etc would have been far better off keeping their own currency.

[aberloon2] 16/8/2020 09:20

Scot's will remain part of the UK of GB & NI until England decides they're worthless, obviously that point hasn't been reached yet.

[gbh2] 16/8/2020 08:33

The Main reason the Euro came about was because the German Mark was over heating and making their Exports Expensive, the introduction of the Euro allowed Germany to retain and Grow her Lucrative manufacturing industry at the expense of the Economies of the weaker countries!

[poikka] 16/8/2020 08:31

Really important decisions would never have been moved from Brussels.

Keeping the £ gave the UK some benefit, with the Euro we'd have been well and truly stuffed.

[benchmark] 16/8/2020 08:23

Deciding to opt to keep the beloved £ and not join the Euro may not have been such a good idea after all. And of course, it moved the UK to the periphery and away from where the really important decisions were negotiated

[poikka] 16/8/2020 08:15

"Only hope for the EU is to ditch the Euro."

Depends, gaffer, Germany and nearby nations have done very nicely from the exchange rate when the Euro was established. But the rest, including the UK, have been totally rubbished by commerce gravitating to the centre. The UK, in particular, has suffered from EU membership by so much of our industry being tempted away. The 'level playing field' is an illusion.