Natwest Share Discussion Threads

[polar fox] 09/10/2020 07:57

British Land have announced their intention of resuming dividends with their upcoming half-yearly next month; RNS this morning. Twice yearly rather than quarterly, on a slightly reduced calculation basis.

I suppose this might improve the background tone for investors hoping banks might be allowed to do something similar next year.

[polar fox] 07/10/2020 07:41

Interesting:

(CNN) With less than a month before the November election, President Donald Trump has hit a new low: He now trails former Vice President Joe Biden by his largest margin (16 points) of any CNN poll conducted in this entire election.

unquote

But bear in mind, that CNN has been 'at war' with him since 2016. Nevertheless, the past week's events seem to have worked against him.

[polar fox] 06/10/2020 07:26

Long Covid

For anyone interested, BBC News has a lengthy article this morning, lots of detailed information.

[gcom2] 02/10/2020 19:59

be interesting to see if he stays orange or not

[buywell3] 02/10/2020 11:01

MACRO

Trump has Covid -19

Biden catches it after the debate

boris gets it a second time

Market Meltdown ensues

[andysand] 01/10/2020 14:21

Dividends may be imminent.

[stewart_25] 01/10/2020 13:00

nice rise - what gives?

[polar fox] 30/9/2020 16:07

The next load of buffoonery - you know the one, 'Save loaves' - is at 5.00pm. Live coverage as usual.

[polar fox] 29/9/2020 21:21

Internal Market Bill approved by the HoC, 340 to 256; big majority as predicted. Now goes to Lords.

[polar fox] 28/9/2020 15:44

NY is reporting that the trade talks are resuming "amid signs London is now eager to avoid a 'hard Brexit'." So equities and the £ rise.

It's been said for months, that the buffoon will make some late concessions to get a deal. We'll see.

[andysand] 28/9/2020 12:32

The government are chasing their tales. Until we get an decisive leader (unlikely), there could well be much more trouble ahead. I agree.

[gcom2] 28/9/2020 08:48

corona daily stats down 2 days in a row, even with much higjer testing rates, is it a blip or could round 2 be much less serious?

[buywell3] 28/9/2020 00:30

------------------ UK Markets to face a Double whammy very soon now ---------------



buywell started the BUY thread on June 3rd with the premise that banks would and have been showing the way the UK general economy is heading

Since 3rd June the FTSE 100 has dropped circa 10%

On a comparison chart with 5 UK Banks since that date they have dropped 30%





Whammy number One:


Conclusion

The FTSE 100 is at this point circa 20% over valued due to following the USA markets

The USA markets have leapt higher higher due to less than 10 BIG STOCKS which are now driving USA indexes themselves because of their huge market weighting due to FED stimuli

The UK market does not exhibit this phenomenon and IMO is now in a false position

One which this coming week will be exacerbated by the 10pm pub fiasco and UNI and College and Schools having to lockdown pupils before the term starts

A 2 week Circuit Breaker Lockdown will be announced later this week , the cabinet are discussing it now.
Chief medical advisers asked for such a week ago
60% of Wales is now under total lockdown

A 2 week National Lockdown announced now will hurt markets more than if it was done a week ago

The plot has been lost ---- see BUY boris for some guidance

imo dyor

[polar fox] 25/9/2020 14:20

From MSE. The Marcus cut is news today:

Savings provider Marcus is to cut the interest rate on its easy-access account from 12 October – but should you switch?

The Marcus account, operated by investment banking giant Goldman Sachs, had consistently offered one of the top easy-access rates since its launch in September 2018 – until it was closed to new UK customers earlier this year. Now, existing customers will see their underlying interest rate fall from 1.05% AER to 0.7% AER.

The drop in interest paid on the account comes in the same week as NS&I announcing it'll be slashing rates on its accounts from November, and TSB announcing it'll stop paying interest on its popular Classic Plus current account in December.

unquote more....

Plus the tiered cuts to Lloyds Club account take effect next Thursday.

[polar fox] 23/9/2020 16:51

Budget cancelled for this year - just a spending review.

Sunak due to make a statement in HoC tomorrow.

[polar fox] 23/9/2020 13:39

Many weeks ago, I began hearing that a plot was underway to replace the buffoon with Gove. All very vague, of course. The thinking seemed to be that the PM had done his bit, in winning the GE and dealing with Brexit and CV-19 (thus far) and the time was nigh for a better, more intelligent approach. I've no idea whether there's any truth to it, but Gove is definitely the type, him and his friends.

Subsequently, it's gone quiet and I just watch and wait.

[bonda67] 23/9/2020 13:02

I share your view on Gove, a complete snake in the grass.

[polar fox] 23/9/2020 11:57

Brexit letter warns of 7,000-truck queues in Kent.

Make sure you read the BBC's lengthy article above, in the business section, resulting from the leak of Gove's letter.

The CEO of the Cold Chain Federation was just interviewed on 231 and what he had to say about the massive problems building up was/is very worrying. He didn't hold back from predicting food shortages in a matter of days after Christmas. He painted a picture of lack of preparation, lack of training in the paperwork for drivers and all kinds of other shortcomings. General chaos, sums it up.

Obviously, a situation to be followed carefully, especially since Gove has responsibility. Like the buffoon, he is another cabinet minister who lies whenever his lips move. A devious chancer.

[leedskier] 23/9/2020 10:52

Traders Market.

[polar fox] 23/9/2020 07:56

Smoke and mirrors. From the Times:

Ministers are to delay the final stages of controversial legislation to rip up parts of Boris Johnson’s withdrawal agreement until just days before a potential no-deal Brexit.

In a move being seen as an attempt to assuage European concerns, ministers have indicated that the internal markets bill may not be debated in the House of Lords until after a make or break summit with EU leaders in mid-October.

The bill is then not expected to return to the Commons, after committee and report stages in the Lords, until December at the earliest.

The legislation would give ministers the powers to unilaterally disregard parts of the withdrawal agreement on Northern Ireland that stipulate that the province must follow European customs and subsidy rules after Brexit. Delaying

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