Title: Stock market on the brink of disaster Post by: Boeta on Wednesday, May 18, 2005, 11:42:40 Rich says the stock market is on the brink of disaster because of the labour government. I don't know anything about this, can someone fill me in?
Title: Stock market on the brink of disaster Post by: Iffy's Onion Bhaji on Wednesday, May 18, 2005, 11:44:37 err sure 4800 today! 6000 3 years ago.
Title: Stock market on the brink of disaster Post by: Piemonte on Wednesday, May 18, 2005, 11:46:49 Thats a pretty fucking simplistic view Rich, and i'm no Labour supporter.
Title: Stock market on the brink of disaster Post by: Boeta on Wednesday, May 18, 2005, 11:47:10 sorry they're just numbers to me
explain the significance or link me to a newspaper article(if it's as important as you're making out they'll be loads) Title: Stock market on the brink of disaster Post by: Piemonte on Wednesday, May 18, 2005, 11:50:58 Its the price of one share for each of the top 100 companies in the UK. So as a rule the higher the better.
Rich's view that it is entirley down the the labour governtment is highly simplistic, there are many external factors that the governmant his little or no influence over. Title: Stock market on the brink of disaster Post by: JTomlinson on Wednesday, May 18, 2005, 12:00:03 To be fair I read about this in the paper this morning.
The worry is that everyone though thought shares would bounce back to the 6000ish hey day, however, after a brief rally above 5000 months ago, it has fallen away. One of the main reasons for this is increased taxes, and the pension fund windfall tax have hit consumer spending, and profits, therefore less dividends are paid out, therefore people are less willing to buy shares. Title: Stock market on the brink of disaster Post by: Iffy's Onion Bhaji on Wednesday, May 18, 2005, 12:03:27 Quote from: "Piemonte" Its the price of one share for each of the top 100 companies in the UK. So as a rule the higher the better. Rich's view that it is entirley down the the labour governtment is highly simplistic, there are many external factors that the governmant his little or no influence over. your right pie! spot on! my view is simplistic because i hate the government and i just blame them all the time. there are external factors e.g. the price of oil and stuff like that. also the MG rover crisis (which in a way i shouldnt blame on the government but i want too) Title: Stock market on the brink of disaster Post by: Iffy's Onion Bhaji on Wednesday, May 18, 2005, 12:04:35 Quote from: "JTomlinson" To be fair I read about this in the paper this morning. The worry is that everyone though thought shares would bounce back to the 6000ish hey day, however, after a brief rally above 5000 months ago, it has fallen away. One of the main reasons for this is increased taxes, and the pension fund windfall tax have hit consumer spending, and profits, therefore less dividends are paid out, therefore people are less willing to buy shares. exactly. from a politicain himself. INCREASED TAXES! Title: Stock market on the brink of disaster Post by: JTomlinson on Wednesday, May 18, 2005, 12:06:38 That is also not a political point, it is the view of the financial institutions currently worried about the outlook for the stock market.
For those of us without shares, it is also bad news, as a rising stock market is what funds pensions. Hence why so many people are panicing about retirement, and the Government is now having to consider extending retirement age, or compulsary savings. Title: Stock market on the brink of disaster Post by: Ben Wah Balls on Wednesday, May 18, 2005, 12:06:51 Quote from: "Rich" err sure 4800 today! 6000 3 years ago. But 3,300 in March 2003, 4925 today. When labour got into power the FTSE was lower than it is today. Go here http://chart.bigcharts.com/custom/ft-com/chart.asp?type=256&style=1566&size=5&symb=1805550&sid=123797&time=10yr&freq=3mo , it's been steadily rising since the Iraq war, the anticipation of war in Iraq caused a major decline in stock markets around the world. The peak was at 5077, today it's 4920 up 26, I think it will contnue to rise though slowly, it's not doing as well as it could but it's not on the point of collapse either. Title: Stock market on the brink of disaster Post by: Boeta on Wednesday, May 18, 2005, 12:07:07 Quote from: "Rich" exactly. from a politicain himself. INCREASED TAXES! so one politician who manages to get elected by his local people, for example tony blair, is a lying twat. where as another politician who can't get a seat in the commons, say for example justin tomlinson, is never going to spin things. you're in a dream world as per usual richard Title: Stock market on the brink of disaster Post by: Iffy's Onion Bhaji on Wednesday, May 18, 2005, 12:10:40 Quote from: "Boeta" Quote from: "Rich" exactly. from a politicain himself. INCREASED TAXES! so one politician who manages to get elected by his local people, for example tony blair, is a lying twat. where as another politician who can't get a seat in the commons, say for example justin tomlinson, is never going to spin things. you're in a dream world as per usual richard :jaw1 Title: Stock market on the brink of disaster Post by: Simon Pieman on Wednesday, May 18, 2005, 12:18:28 Yes there are many external factors involved and agree the afformentioned points from Rich are too narrow minded....i'm sure you must have read the Daily Mail there Rich :wink:
However, Labour have less control over the economy than people care to think - Gordon Brown handed a lot of control to The Bank of England many years ago. Whilst Mr Brown has handled what he is responsible for well, interest rates and inflation are ultimately out of the government's control. Title: Stock market on the brink of disaster Post by: JTomlinson on Wednesday, May 18, 2005, 12:19:19 Simon - very true.
Title: Stock market on the brink of disaster Post by: Iffy's Onion Bhaji on Wednesday, May 18, 2005, 12:20:27 Quote from: "simon pieman" Yes there are many external factors involved and agree the afformentioned points from Rich are too narrow minded....i'm sure you must have read the Daily Mail there Rich :wink: However, Labour have less control over the economy than people care to think - Gordon Brown handed a lot of control to The Bank of England many years ago. Whilst Mr Brown has handled what he is responsible for well, interest rates and inflation are ultimately out of the government's control. your right Si i think i must be reading too much daily mail! im so anti Labour its unbeliveable! Title: Stock market on the brink of disaster Post by: flammableBen on Wednesday, May 18, 2005, 14:00:02 I sometimes read the daily mail for a bit of a laugh, it scares me that people take it seriously
Title: Stock market on the brink of disaster Post by: ron dodgers on Wednesday, May 18, 2005, 16:25:15 ferkin dot com greedy short termist bastards skewed the whole market up - it's probably about right now - considering we don't make anything anymore.
except for reality TV programs depressing pop anthems comedy degrees fat kids and nuclear waste! Title: Stock market on the brink of disaster Post by: OOH! SHAUN TAYLOR on Wednesday, May 18, 2005, 16:27:47 The Daily Mail is pure evil and should be banned.
Title: Stock market on the brink of disaster Post by: Simon Pieman on Wednesday, May 18, 2005, 17:07:08 Quote from: "OOH! SHAUN TAYLOR" The Daily Mail is pure evil and should be banned. But where would my mother be without her daily health-scare fix? Title: Stock market on the brink of disaster Post by: flammableBen on Wednesday, May 18, 2005, 17:57:27 Quote from: "simon pieman" Quote from: "OOH! SHAUN TAYLOR" The Daily Mail is pure evil and should be banned. But where would my mother be without her daily health-scare fix? Without the watchful advice of the daily mail she'd probably have mrsa by now. Title: Stock market on the brink of disaster Post by: spacey on Wednesday, May 18, 2005, 22:15:59 Mathematicians at top boffin coffin Oxford university have uncovered a secret code in the pages of The Daily Mail.
Close study of the text has shocked the egghead community-revealing a series of cogent, legible messages, cunningly hidden within the rambling paragraphs of the unreasonable right-wing rabbit hutch liner Dr Jonathan Arms and Dr Rebecca Sh, the authors of the research, which is published in this month's Science magazine, say they first noticed the phenomenon after staring blankly for several hours at a single Daily Mail article about laboratory conditions. "The journalist seemed to be blaming asylum seekers for him not liking the winning entry for the Turner Prize," Dr Arms explains "We just couldn't make head or tail of it.But then I thought of just reading every 50th letter." "And there it was." says Dr Sh."A secret message-'HELP HELP I AM AFRAID OF EVERYTHING'." Astonished by their findings, the pair continued and uncovered the tear-jerking "DESPITE MY COMFORTABLE LIFESTYLE I AM JEALOUS OF THE POOR AND NEEDY" woven into an otherwise senseless Lynda Lee Potter piece about babysitting "I DON'T TRUST ANYBODY" in a seemingly unintelligible article on why the new breed of working mums can have it all;and the phrase"COLOUREDS WILL EAT MY CHILDREN" threaded through a weeks worth of Fred Bassett cartoons. Title: Stock market on the brink of disaster Post by: sonicyouth on Wednesday, May 18, 2005, 22:19:28 class :Ride On Fatbury's Lovestick :Ride On Fatbury's Lovestick
Title: Stock market on the brink of disaster Post by: flammableBen on Wednesday, May 18, 2005, 22:34:44 Quote from: "spacey" Mathematicians at top boffin coffin Oxford university have uncovered a secret code in the pages of The Daily Mail. Close study of the text has shocked the egghead community-revealing a series of cogent, legible messages, cunningly hidden within the rambling paragraphs of the unreasonable right-wing rabbit hutch liner Dr Jonathan Arms and Dr Rebecca Sh, the authors of the research, which is published in this month's Science magazine, say they first noticed the phenomenon after staring blankly for several hours at a single Daily Mail article about laboratory conditions. "The journalist seemed to be blaming asylum seekers for him not liking the winning entry for the Turner Prize," Dr Arms explains "We just couldn't make head or tail of it.But then I thought of just reading every 50th letter." "And there it was." says Dr Sh."A secret message-'HELP HELP I AM AFRAID OF EVERYTHING'." Astonished by their findings, the pair continued and uncovered the tear-jerking "DESPITE MY COMFORTABLE LIFESTYLE I AM JEALOUS OF THE POOR AND NEEDY" woven into an otherwise senseless Lynda Lee Potter piece about babysitting "I DON'T TRUST ANYBODY" in a seemingly unintelligible article on why the new breed of working mums can have it all;and the phrase"COLOUREDS WILL EAT MY CHILDREN" threaded through a weeks worth of Fred Bassett cartoons. I love you for that Title: Stock market on the brink of disaster Post by: oxford_fan on Wednesday, May 18, 2005, 22:58:50 Quote from: "Ben Wah Balls" Quote from: "Rich" err sure 4800 today! 6000 3 years ago. But 3,300 in March 2003, 4925 today. When labour got into power the FTSE was lower than it is today. Go here http://chart.bigcharts.com/custom/ft-com/chart.asp?type=256&style=1566&size=5&symb=1805550&sid=123797&time=10yr&freq=3mo , it's been steadily rising since the Iraq war, the anticipation of war in Iraq caused a major decline in stock markets around the world. The peak was at 5077, today it's 4920 up 26, I think it will contnue to rise though slowly, it's not doing as well as it could but it's not on the point of collapse either. and the tory party isn't exactly in a position to criticise labour accounting seeing as some of their own policies were proven to be fallible mathmatically (both in their last term and recent manifesto's). Title: Stock market on the brink of disaster Post by: flammableBen on Wednesday, May 18, 2005, 23:28:01 Quote from: "oxford_fan" Quote from: "Ben Wah Balls" Quote from: "Rich" err sure 4800 today! 6000 3 years ago. But 3,300 in March 2003, 4925 today. When labour got into power the FTSE was lower than it is today. Go here http://chart.bigcharts.com/custom/ft-com/chart.asp?type=256&style=1566&size=5&symb=1805550&sid=123797&time=10yr&freq=3mo , it's been steadily rising since the Iraq war, the anticipation of war in Iraq caused a major decline in stock markets around the world. The peak was at 5077, today it's 4920 up 26, I think it will contnue to rise though slowly, it's not doing as well as it could but it's not on the point of collapse either. and the tory party isn't exactly in a position to criticise labour accounting seeing as some of their own policies were proven to be fallible mathmatically (both in their last term and recent manifesto's). Any ecconimical policies take a long to effect the economy as a whole. Same thing applies to health service, education etc. I didn't vote for them but Labour have managed a good recovery of the econamy, The MRSA thing in the health service is down to tory cuts (a virus/disease, not sure which it is but don't matter, takes time to evolve, the fact it exists is down to tory cuts to the nhs.) Education is a difficult one because it was going pretty much unmeasured under tories, however labour have taken it too far with targets for school kids wherever they are from. You need a middle on it....... I ain't making a lot of sense but I my main point that the tories are trying to blag points off the labour party for things which are their own fault in the first place still stands Title: Stock market on the brink of disaster Post by: oxford_fan on Wednesday, May 18, 2005, 23:53:18 Quote from: "flammableBen" Any ecconimical policies take a long to effect the economy as a whole. Title: Stock market on the brink of disaster Post by: flammableBen on Thursday, May 19, 2005, 00:04:45 Quote from: "oxford_fan" Quote from: "flammableBen" Any ecconimical policies take a long to effect the economy as a whole. Crap I hope that didn't come across pro-tory, I hate all rightwing politics including labour now, although I'd still prefer them to the torys. Voted Lib Dem's in exeter for gen election. Don't agree with them on everything but more that I do for all the rest of the parties. anti-war, not lieing that the only way for better public services are higher taxes - and charging 100,000+ households for it, better welfare state ( I'm still nieve enough to believe that most people want to work), the country doesn't have an immagration problem, the county doesn't have an assylum problem just the system for giving them work permits need improving - as in taking less than 2years. Wow I think I've come up with the ben manifesto.. vote for me. (And I'll legalise canabis) |