Taylor Wimpey Share Discussion Threads

[1 nhs] 01/4/2020 10:29

Finding buyers for U.K. Debt is a massive issue


The buyers ( if any ), are going to want 8% by the end of 2020

[1 nhs] 01/4/2020 10:28

NOTE BOND MARKETS ARE FROZEN

Huge implications for U.K. mortgages



New York City is sputtering. Bars, restaurants, hotels, and theaters have closed; tens of thousands of people have already lost their jobs; hundreds have died. The city has become the epicenter of the novel coronavirus. It needed an “economic nap” to fight it, Scott Stringer, the city’s comptroller, told me. But COVID-19 is bludgeoning the city’s coffers.

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According to an analysis by Stringer, New York City stands to lose $4.8 billion to $6 billion in tax revenue. The money helps the city fund schools, repair roads, and pay off debts. Back in late February, Stringer told reporters at a press conference in Manhattan that the city had not “done enough to prepare to weather a storm we cannot imagine.”

Versions of this story are playing out across the country. Cities and counties are looking for ways to cut their budgets as tax revenue and economic activity decline and medical costs soar. The $3.8 trillion municipal-bond market—loans used for things like building schools, hospitals, and golf courses—has essentially frozen. Typically, municipal bonds are considered pretty safe, but as Daniel Bergstresser, an associate professor at Brandeis University who studies municipal bonds, told me, the situation had become such that “finding buyers for municipal bonds would require cutting prices in ways that appear unprecedented.”;

[disneydonald] 01/4/2020 10:22

NHS. I agree that fiat money will eventually require a reset, but unlikely to happen soon. Unfortunately it is likely our children who will pay the price. In the mid term it will be the younger generation who will pay the price as a new bout (many years) of half hearted austerity will be required to reign in some of the excesses.

However, in six months things will be on the mend. Unfortunately we can then look to Brexit for our entertainment ... I suspect that this episode will give the remainers new heart ...

[1 nhs] 01/4/2020 09:58

disneyDonald

Don’t for one minute think governments printing money, from thin air will keep the show on the road.

It has thus far, hence your company’s product selling for £300,000 not £85,000

However that game is now over

Hang on tight .

[bricktycoon] 01/4/2020 09:58

This is bust half built estates mortgages a thing of the past huge cash burn 2008 x10 game over

[disneydonald] 01/4/2020 09:52

GBH. Sure, however today’s bio science is far superior than anything we have previously had with respect to problem solving. I would bet that effective treatment and herd immunity will hold the fort until a proven vaccine on the market by the beginning of next year. Meanwhile keep away from Bat soup.

[gbh2] 01/4/2020 09:46

DD, whilst agreeing the recovery will be much more efficient than anything which happened in 1929, imo the Recovery isn't going to get started until we hear of an effective Vaccine and if at all possible cure for covid19.

[disneydonald] 01/4/2020 09:38

NHS. Of course 1929 took time to recover, if you knew anything about finance and investment you would be able to explain to us the different approach to taken by the powers that be.

1929 was left to recover itself, no salary support, no coordinated Central Bank intervention pumping trillions into the banking system. In 1929 governments stood back and let everything fail for want of liquidity.

Sure it’s a shock to the system, but it will blow through in a month or two, and a cautious recovery will accelerate. In six months this will have been bad dream.

Finally, the only means of communication in 1929 was newspaper, telegraph, limited telephone service and manual paper trading. It took a while before anyone really got to understand the gravity of the situation. Today the problem is amplified by instant communications, algo trading (shoot first ask questions later) and rolling 24 hr hyper media.

[jugears] 01/4/2020 09:35

My 2 millions ready if that happens, 10 years 6000 % profit on investment, I can live with that,Short term pain, Long term gain as they say, that will take me to retirement then.

[1 nhs] 01/4/2020 09:29

HISTORICAL stock charts seem to show that it took more than 25 years for the market to recover from the 1929 crash — a dismal statistic that has been brought to investors’ attention many times in the current downturn

[bricktycoon] 01/4/2020 09:20

Bust 2008 lows imminent

[smartie6] 01/4/2020 09:05

112p. Next stop 100p on the way to 0p.

[stevieweebie2] 01/4/2020 09:04

This wont go bust but ill get my 10 bob price before year end.

[jugears] 01/4/2020 08:52

Lol the 3 amigos 😭😭😭😭8557;
This is definitely not bust or anywhere near.

[bricktycoon] 01/4/2020 08:44

This is bust sub 1 pounds imminent

[1 nhs] 01/4/2020 08:41

4BN working capital that is depreciating at 25% a year.

[ddubzy] 01/4/2020 08:34

It's over, so why waste time on here? No wonder these's a Depression....Depressing! PMA

[bricktycoon] 01/4/2020 08:33

Sub 1 pound any second this bust zero sales land banks decimated

[1 nhs] 01/4/2020 08:32

JUGEARS


New year low.


It’s telling you the game is well and truly over.

[jugears] 01/4/2020 08:30

Well I'm still getting new orders from house builders for deliveries later in the year Perhaps they dont show your pessimisom ? Out of all the house builders I know from experience which one I would have my money in & it certainly wouldn't be house builders that concentrate on high end houses in london & the south.

[asa8] 01/4/2020 08:26

A paycut how will they survive poor sods

[1 nhs] 01/4/2020 08:22

It not temporary, unfortunately.

We are in a depression, worldwide.

If we are lucky it’s over in 10- 15 years

£300,000 for a shabby box overlooked by 66 windows.

Its over

[ddubzy] 01/4/2020 08:13

It's a temporary situation, hence why the government is doing everything it can to save jobs and lives. That's the most important thing, it's temporary situation. You ride it out and life moves on, that's what happens. Positive mental attitude. Close your shorts and stop being greedy.