Brexit watch

[DavidL]

we haven't left yet

Perhaps the City believes we never will 

[DavidL]

Meanwhile in the economic basket case that is the eurozone: Italian taxpayers are on the hook for €20bn to save the world's oldest  bank, Monte dei Paschi. Apparently Italy's banks hold a third of the eurozone's total bad loans.
I hope we're out before those dominoes start to fall.

[Moving Target]

FTSE 100 hit a record high at today's close. Great for pension funds.

About blummin' time too..... this has long concerned me.

[NeilP]

The markets are high because most of the FTSE 100 trade worldwide and are therefore priced in dollars. The weak pound makes them worth more, the FTSE 100 is always elevated when sterling is low I thought?

Most of the increase this year is due to the rise of value of o/s mining stocks too I've read in the FT

[NeilP]

https://www.youtube.com/watch?v=dh_Og-MjWZI

[NeilP]

FTSE 100 hit a record high at today's close. Great for pension funds.

http://www.telegraph.co.uk/business/2016/06/27/why-we-should-be-looking-at-the-ftse-250-and-not-the-ftse-100-to/

[DavidL]

https://www.youtube.com/watch?v=dh_Og-MjWZI

Those Guardian guys are very clever

[DavidL]

http://www.telegraph.co.uk/business/2016/06/27/why-we-should-be-looking-at-the-ftse-250-and-not-the-ftse-100-to/

The FTSE 250 is currently around 18,000 which is not far off its (post referendum) high which was in early October. However you choose to look at it - equities are doing well at the moment. There's a lot of confidence in UK plc.

[NeilP]

Those Guardian guys are very clever

Cassetteboy isn't one of theirs, been at it for years

[NeilP]

The FTSE 250 is currently around 18,000 which is not far off its (post referendum) high which was in early October. However you choose to look at it - equities are doing well at the moment. There's a lot of confidence in UK plc.

you should start buying stocks then

[DavidL]

you should start buying stocks then

Always buying - feel it's my duty to be optimistic 

[döm]

Only loosely brexit related but a fascinating article nonetheless

[size=0px]http://econ.st/2i9VZdJ[/size]

[Slim]

http://www.telegraph.co.uk/news/2016/12/30/britain-has-secured-15billion-extra-foreign-investment-since/

The Department for International Trade has attracted over £15 billion of foreign investment to the UK since the Brexit vote. Good times.

[döm]

Only loosely brexit related but a fascinating article nonetheless

[size=0px]http://econ.st/2i9VZdJ[/size]

Just seen that the link didn't work...


http://www.economist.com/news/christmas-specials/21712047-england-indelibly-european-how-norman-rule-reshaped-england

[döm]

it's going really well


http://www.dailymail.co.uk/wires/reuters/article-4084182/Britains-EU-envoy-Ivan-Rogers-resigns--FT.html


Farage to be appointed his successor ?