Royal Bank Of Scotland Share Discussion Threads

[robizm] 24/4/2020 13:49

I say get rid of all the royals. They are rich enough already. Some people will loose their home and livelihood because of covid 19 and we have people living in palaces because their ancestors won a battle or bumped off the competition. The winners of 1066 still own half the land in England because they were on Williams side lol

[dope007] 24/4/2020 13:29

Yup can't stand Megan

[portside1] 24/4/2020 13:24

Off topic that evil Megan at it again it again she is evil She is a dog Kate is a princess , Kate is a real lady Megan in my view a stray dog

[smurfy2001] 24/4/2020 13:23

tfergi, keep in mind the sheer amount of stimulus involved. Will it be enough to hold back the tsunami of bad news in Q2 is a wait and see.

[gcom2] 24/4/2020 12:17

it could be done as a 'drive in'

[polar fox] 24/4/2020 11:53

You mean it's ignorant, irresponsible and stupid.

The major US manufacturer has already issued a stern statement saying that their products should not be ingested in any way under any circumstances.

Trump is not fit for purpose - he shouldn't be allowed anywhere near the WH.

[gcom2] 24/4/2020 11:39

trump's idea to pump disinfectant inside corona sufferers is interesting

[polar fox] 24/4/2020 11:16

TfL telling the BBC that they will furlough 7,000 from next week. This news may be of interest to some posters on here, who rely on the tube/buses to get around.

[avatar333] 24/4/2020 11:14

'Lots of self employed do not declare their full earnings for tax'

Really?!

[dope007] 24/4/2020 09:51

tfrgi I think we are seeing a wall of liquidity. It pumps asset prices short term (or supports them only which is even worse considering the trillions being spent). But liquidity in asset prices does nothing to solve a demand and debt crisis. It is another can kicking exercise, but this could be the last kick. ALL governments are now in an unsustainable debt trajectory so what next?

finally I cannot believe the mkt is ignoring what our new chancellor said. All this money will have to be paid back so taxes will rise!!!

[tfergi] 23/4/2020 21:48

Dope I agree with you, I do not see how the outlook for companies and share prices can be anything but bearish.However the markets just seem to be shrugging everything off. Oil companies are up, Unilever have refused to give any sort of guidance because they can't and markets hate uncertainty- but the share price held today. The US reports record unemployment week after week - worse than the financial crisis and the indexes move up. Maybe the governments aid packages are going to hold the markets up. Or maybe this is all still the part of the previous normal bear market cycles where abig rise comes after the initial fall before it makes its way down agai

[polar fox] 23/4/2020 20:58

MW, NY:

Dow struggles to hold on to gains near close amid report of disappointment in Gilead’s experimental coronavirus drug.
unquote

The FT says it has "flopped".

[tradejunkie2] 23/4/2020 19:24

It seems V shaped recovery kitty cats

[dope007] 23/4/2020 19:16

Of note with the everything will be back to normal brigade. Lots of self employed do not declare their full earnings for tax, as such they will not be getting anything like the same money as before, and will take a long time to recover their earnings as their debts build up. Recovery will be slow as gov't money is not going to cover a lot of lost incomes in the country.

And of course company balance sheets will all be loaded with more debt, which will inhibit further growth

[gcom2] 23/4/2020 18:06

ftse not far of 6000 now

[dope007] 23/4/2020 16:16

for a service economy those US numbers are shocking

[tfergi] 23/4/2020 15:45

I think the DOW and SP500 have risen every time these record job losses are released. Madness

[ramco] 23/4/2020 15:41

Gold $ 1763.

[polar fox] 23/4/2020 14:54

The flash PMIs are just out and give a flavour of what is to come.

Manufacturing down at 36.9, Services even worse at 27 and the Composite is at 27.4.

As Trump is well aware, "It's the economy, stupid".

[portside1] 23/4/2020 14:41

Barcs down 50% Rbs. Down 61% And not one word from the ceo get rid of her women can not run anything only a .......

[dope007] 23/4/2020 14:34

26.5 million unemployed and with no real signs of back to normal