Lloyds Banking Share Discussion Threads

[scruff1] 13/6/2024 10:43

A decent post for once Careful except he should have known like everyone else that Jezza was a prat not just thought he was

[scruff1] 13/6/2024 10:23

Gecks
They can only keep em in an asylum for so long.

[careful] 13/6/2024 10:12

Sunak looked subdued last night.
He is badly beaten down.
Who would want a job like being PM?
The UK is ungovernable.

Rigby asked him why should we vote for you, you may be replaced by the party?

It reminds us of the shambles of the last few years in the Tory Party.
The civil war over Brexit, the deselection of MP's who did not please the party members.
Boris closing parliament but ordered to re open it by the Supreme Court.
The Tories did no real governing at all, they were too busy in fighting.

They deserve to be kicked out, we have to hope Starmer will surprise on the upside.
(His Dad was a toolmaker I can reveal, not many people know that)

On the topic of him supporting Corbyn, we have all been in that sort of position.
I am confident that Starmer always thought he was a total prat.
Sometimes we have to lie.
We all do it.

[geckotheglorious] 13/6/2024 09:54

Institutional Investments has the same posting style as Minerve/Minerve2, walter mitty and whatever names he posted under.

After a brief respite from his drivel it seems Minerve is back with his prolific loonyesque postings across multiple boards.

[utrickytrees] 13/6/2024 09:44

A half decent tool maker would have made a decent living. Says it all really...fukin peasant.

[institutional investments] 13/6/2024 09:31

Going to be a massive global retail investor cull in the near future. Due to QEeasing decade, everyone thinks they are always right. And the time shall come where marlkets fully normalise, and the lessons will be horrendous re buy the dips

15 years, they couldn't find a way out of the hole govs dug for themselves in 2009 . Only a massive crash will bring things back to normal

Interesting

Republicans will want that pre election. Not want to inherit highs. Democrats will want it after. Big markets battle this summer

[institutional investments] 13/6/2024 09:18

Opinion, imo should never shape positions

Example, I think Lloyd's is a decent bank. That's my opinion

But market said short it, so thats what I executed

[institutional investments] 13/6/2024 09:08

Do what market intends to 5, and see if changes mind there

[institutional investments] 13/6/2024 09:07

As the great Gatsby once said

'Hold a 5% retrace to support? How you know it won't be 50% ?"

[institutional investments] 13/6/2024 09:06

Only trust in what market is doing

[institutional investments] 13/6/2024 09:05

AceUK

2007

"The banks are in good health "

[aceuk] 13/6/2024 08:45

29170 "By right (sic) the FTSE should tank today" - the FTSE is already ridiculously undervalued against just about every metric out there.

John Curtice says Brexiteers don't trust UK government???

[freddie01] 13/6/2024 08:35

UK Economy Fails to Grow in April

Some argue the Bank of England could step in to boost the ailing economy next week when it decides on interest rates


UK GDP was flat in April, according to data from the Office for National Statistics, showing a 0% month-on-month change. Along with this yesterday’s unemployment numbers and May inflation, GDP is a key data point taken into account by the Bank of England, which meets next week.


The data shows that the UK economy, having recently exited recession, is still struggling to grow, a concern for both major parties as the UK heads to the polls. The UK economy is just 0.6% higher than at April 2023, and the IMF is predicting 0.7% growth in GDP for the whole year, before rising to 1.5% in 2025.

Michael Field, European market strategist at Morningstar, says that April was a poor month for the UK, especially for the manufacturing, industrial production, and construction sectors. Poor weather was also a factor.

But the data could prompt the Bank to act on interest rates, he adds:

“Weak economic readings such as these are never a cause for cheer. However, with the Bank of England poised to decide on when to cut interest rates, data points like todays might actually prove to be a positive catalyst, removing any concern the Bank might have of a potentially heating economy, and paving the way for a sooner than expected rate cut.”

Looking Ahead to Next Week's Rate Decision

Neil Birrell, chief investment officer at Premier Miton Investors and lead manager of the Premier Miton Diversified Fund range, also suggests that there is some argument for a rate cut to boost the ailing UK economy: "No one set of numbers will drive the Bank of England’s interest rate decision, but they will now be looking to inject some stimulus as soon as they feel it is safe to do so."

Yesterday’s unemployment and wage data showed wages in the service sector still buoyant, a concern for the Bank of England. One June 19 the ONS also releases May inflation data, a day ahead of the Bank’s latest rate-setting decision. In April, UK inflation fell to 2.3%, close to the 2% target, but the Bank has warned that inflation could rise again before falling back.

The European Central Bank cut interest rates last week for the first time in five years, but its inflation outlook changed market expectations of the sequence of rate cuts this year. And the Federal Reserve is due to make an interest rate decision tonight, but is unlikely to change interest rates.

[institutional investments] 13/6/2024 06:52

Well that's my £400 for the day done already

I think I will go to the gym before i go into data mode with my friends in tokyo and the US

[institutional investments] 13/6/2024 06:49

The whip is getting a whipping pre 0700

A barage of RNS's full of poo required haha

[institutional investments] 13/6/2024 06:46

US banks yielded back most of earlier gains, in the evening. So i think banks here must be one if the whip fails at 0700. FTSE shouldnt find support for at a 100 point drop today, all being normal, and no qe

[institutional investments] 13/6/2024 06:45

Going to take stunning RNS's at 0700 broadly imo, to take out the 3 line whip

[institutional investments] 13/6/2024 06:44

By right, the FTSE should tank today. Should have yesterday really. If so, which sectors?

[institutional investments] 12/6/2024 19:56

I hope not. Bad on US banks now .

[jl5006] 12/6/2024 19:09

As kneel comes closer I see only punitive measures - windfall taxes banks and energy - time to bail out