Lloyds Banking Share Discussion Threads

[kipper62] 11/11/2024 15:44

scruff1...and that has to do with Lloyds..how?

Did you write the script for that old TV game show 3-2-1?

[min ping] 11/11/2024 15:28

dont forget two weeks ago in the south pacific on commonwealth duties

[joe say] 11/11/2024 15:23

Yes - a good question scruff and one I'd be interested in hearing an answer to

If they can't keep their word then what's the point following them - they'd be on a par with every other party

[adelwire2] 11/11/2024 15:06

Seriously?

[xxxxxy] 11/11/2024 13:49

Nigel Farage for PM.That would be brilliant.But there will be learning curves.Better to have roots in Reality rather than ideology.Ideology such as Net Zero nonsense.Or tax to Growth.Or failing to address INVASION .Or failing to ditch ECHR +.VOTE REFORM.

[rackersthedon] 11/11/2024 13:49

its been plainly obvious to anyone with half a brain that the US has been the place to be over the last 10 years

[xxxxxy] 11/11/2024 13:47

U.K. interest ratesNovember 10, 2024 57 CommentsThe Bank of England has cut their base rate twice now. They have put their inflation forecast up after the budget and said this means fewer rate cuts and slower rate cutting from here. The budget was especially inflationary, pushing up public sector pay a lot with no productivity agreements and confirming higher managed energy prices. The whole disastrous energy policy means dearer energy going forwards.The budget also pushed up longer term interest rates with knock on to mortgage rates. The ten year government bond borrowing rate surged to over 4,5%, a higher level than after the short lived Kwarteng budget when the Bank was hiking rates and announcing huge  bond sales. These market moves reflected justified concern about all the extra borrowing the government proposes after its rule change.The bad budget according to Bank forecasts as well OBR forecasts will raise inflation and slow growth. Whilst both bodies are often wrong, on this occasion I agree with them that the budget measures are likely to slow growth from 2026 and push up prices sooner. These forecasters had to up 2024 growth forecasts because earlier this year they clearly under estimated and had to revise up recently because we enjoyed good growth in the first half.The U.K. has a very bad public sector productivity problem and is wasting far too much money in the  public sector. The government should urgently cancel £19 bn of carbon capture spend, abandon ideas of an expensive HS  2 extension, control Bank of England losses and set out a productivity plan for public services. .......John Redwood

[careful] 11/11/2024 13:47

The big problem is where do we invest our cash.

Right now it looks as though we should have bought a S&P 500 ETF and Nasdaq ETF and put our feet up.

America is a shameless capitalist economy 'greed is good' and does not give a damn about the zero wealth poverty of about 100m of its population.

How do we judge the success of an economy, by the average GDP per capita, or the plight of the bottom 30%?

Investing in the UK Market, a bombed out basket case shunned by many institutions is contrarian.
But it is so cheap, America is a bubble an accident waiting to happen.
Right now I am tempted to short the S&P 500 and go long on the UK.
Contrarian, my thinking is that Trump will soon face realty and wait for it...the UK labour party will become more business friendly.

[min ping] 11/11/2024 12:00

democrats were a shambles - agreed
Uk are in a mess - agreed
UK have had left leaning govts for 27 years - undeniable


common theme there.

[min ping] 11/11/2024 11:58

Crypto is worthless, it goes up on buying down on selling.



incisive. thanks for that

[careful] 11/11/2024 11:30

there are hundreds of crypto programmes each offering a limited supply.

Central bankers need to increase supply or reduce it to solve serious problems that occur.
In times of war for example debt is increased.

Crypto is worthless, it goes up on buying down on selling.
It is Tulipmania, supply and demand, nothing more.

Musk and Tump are now talking about taking control back from central bankers.

Trump in total power is scary.

All because Harris was his opposition. She was mixed race, a woman and kind to immigrants...how could she fail?

Useless Boris won because we could not vote for Corbyn, Trump won because the Democrats were a shambles.

As for the UK, we are in a mess.

[xxxxxy] 11/11/2024 11:18

:29AMNatWest buys back £1bn of Government's sharesThe Government's stake in NatWest has reduced to just over 11pc after the banking giant bought back £1bn worth of state-owned shares.NatWest said it bought 263m shares from the Government, at a price of 380.8p each....Daily Telegraph

[skinny] 11/11/2024 10:23

FWIW :- Deutsche Bank Research cuts Lloyds price target to 80 (83) pence - 'buy'

[min ping] 11/11/2024 10:12

Bitcoin is higher because no one trusts the value of fiat currency. Nothing to do with Trump - everything to do with money printing

[careful] 11/11/2024 10:08

scruff is fearful of the future, at last we agree on something.

Bitcoin at over $80000 because of the crypto president Trump.
I see many crypto financed politicians in the USA election were elected.
So the price of nothing is soaring.
This limited supply of nothing is on the rise.

I am with Buffett, Jamie Diamon and the late Charlie Munger, no good will come from this.

Trump will face reality soon enough, as will Starmer.
Tough times ahead.

[maxk] 11/11/2024 09:38

Good one scruff!

[scruff1] 11/11/2024 09:00

Everything I read points to a major disaster on the horizon and rapidly headed our way.

Starmer is in France plotting against the US and aligning with an EU in a state of economic decline, choked on red tape and wokery and an immigration situation thats out of control and pograms breaking out across the continent.

Farmers and major supermarkets predicting food prices rising by up to 20% due to the budget tax increases.

Million pound investments in agriculture and industry being pulled due to the budget.
.
Virtually every business claiming they will be cutting jobs and reducing hours.

The reversal of trend in inflation and interest rates is almost assured

200+ of the largest hospitality businesses write to Reeves to point out to the thick cow that the triple whammy of reduction in rate relief, increase in minimum wage and increase in NIcs is going to lead to massive reductions in head counts, reduction in investment and closure of businesses. Tesco alone faces inceased costs of £1bn.

The Chief Secretary to the Treasury says ' suck it up you will be better off due to improvements in the NHS' ?????

Apparently for the last 3 weeks wind and solar have made less than 3% contribution to our energy needs (which must say something about the eventual cost of storage). Our mad energy minister at the same time commits to reduce the reliable contribution made by gas and flies off to Baku to promise further reductions in our national energy security to please his cult leaders. Some commentators are now saying that power cuts are almost certain. Lammy threatens to impose carbon taxes on imports from the US.

Pay rises in the public sector overtake those in the private sector. Rayner backs plans to let public sector workers to work 4 days for the same 5 days pay.


Cant wait for her next budget. But one things for sure the fall out from this one has hardly started and more worryingly neither has this government of incompetent fools playing student politics with whats left of the country's future

[xxxxxy] 11/11/2024 07:55

Live Bitcoin breaches $81,000 as Trump nears full control of Congress...Daily Telegraph