Metro Bank Share Discussion Threads

[smartie6] 09/4/2020 16:48

When the shxt hits the fan, whether panic sets on as realisation sets in that lockdown is longer and they’re not getting on top of it, or they bring in temp lockdowns and the whole position manifests, or defaults, then it will be difficult to step off the ride down.

[smartie6] 09/4/2020 16:44

Frightening the amount of money they’ve thrown at the markets, Bonds, ETFs and next Equities. Liquidity following large scale sell offs and switch must have been totally fkd.
Kathy is correct they’ve created a false market, and the greed has followed. Sat in and loving their own perpetual shxt.
The problem they have is that the good old SME, remember makes up 67% of American Business, needs the cash desperately/right now but they can’t get access to it. A large balance has been absorbed straight away by large corporates and Banks are reluctant to lend. Only 3% of those SMEs up to yesterday have been able to get a decision. Parameters continue to change and only the extremely profitable are getting an agreement in principal. Turnaround times, like ourselves (CBILS) is impossible, you only have so many people in a credit department. The whole system is fkd so therefore get ready for mass defaults and insolvencies.

[sentimentrules] 09/4/2020 16:40

its a bit ironic that departments within govs, take people to court for market manipulation loool

[sentimentrules] 09/4/2020 16:39

dow would be 15000 already if feds stayed out of it me thinks

[idontflykathyy] 09/4/2020 16:27

Japan had it for years and years SR

[idontflykathyy] 09/4/2020 16:24

Yes debt default and next year they will raise the ceiling of debt

Means they can accumulate/raise infinity debt!!!

[sentimentrules] 09/4/2020 16:23

Some etf markets close soon. See if dow sells off a bit then

[diku] 09/4/2020 16:23

The idea is not keep supporting the markets as the pandemic runs its course...

[sentimentrules] 09/4/2020 16:23

debt defaults

[idoflykathy] 09/4/2020 16:22

SO given another 6.6m jobless claims today, IMF saying things worse than ever..... it seems FED is more powerful for propping up markets. What tips the balance?

[idontflykathyy] 09/4/2020 16:21

OPEC+ SAID TO SEEK AS MUCH AS 5M B/D #OIL CUTS FROM G-20 NATIONS - BBG

[idontflykathyy] 09/4/2020 16:19

Well said Diku...

[idontflykathyy] 09/4/2020 16:19

As Smartie said earlier..

I could have doubled or tripled my money but instead I was doing shorting and doing trading with indices.

It’s tough to oppose FED and still I’m doing short.

I hope sense will prevail at the end

[sentimentrules] 09/4/2020 16:19

Yes it is crazy - its creating a atomic bomb for themselves really

[diku] 09/4/2020 16:18

Markets got the comfort of the FED...a bit like children got the comfort of Bank of Mum and Dad...

[idontflykathyy] 09/4/2020 16:17

SR said it...


That’s why central bank all over the world are pumping money into ETF.

Germany has started buying equities too.

[idoflykathy] 09/4/2020 16:17

It's like a mass co-ordinated good news pump today!!! "The euro has risen to its highest level today after Germany’s finance minister, Olaf Scholz, said it appeared that the EU would reach a deal on an economic support package."

[sentimentrules] 09/4/2020 16:14

In essence it is direct buying. Just an easy way to say not buying stocks

[sentimentrules] 09/4/2020 16:14

via ETF funds. Buy those and they buy stock

[sentimentrules] 09/4/2020 16:13

Shows you how false market is when powell has to try stop sellers with such words

will it work?

find out after todays sell off

[idoflykathy] 09/4/2020 16:13

But how exactly does this money pumping equate to equity markets rising?
Stim is not buying equities directly, so what is the intermediary being pumped that is driving equities?

[idontflykathyy] 09/4/2020 16:13

Yes Kathy,

That’s right.

Tax hike.

Less spending.

Inflation will shoot up. But this is a subject for debate..