And so the Pound gets stronger

[Danllan]

Which goes to show all the lefty-liberal types how the opposite would have happened if it looked like they would win. This is the reality, there would have been a business exodus had JC entered Downing Street, whether in his own right or as a puppet for the SNP. The country looked down the dragon's throat, and decided not to jump down it.

 

[Still Farming]

Confidence

 

[M-J-G]

Thankfully my lambs are all gone.

 

[Bald Rick]

Which goes to show all the lefty-liberal types how the opposite would have happened if it looked like they would win. This is the reality, there would have been a business exodus had JC entered Downing Street, whether in his own right or as a puppet for the SNP. The country looked down the dragon's throat, and decided not to jump down it.

Have a look at page 5 of this weeks Private Eye ......... and note the number of Hedge fund managers spaffing dosh at Johnson to grease his election campaign.

They are the true winners here like always

 

[Danllan]

Have a look at page 5 of this weeks Private Eye ......... and note the number of Hedge fund managers spaffing dosh at Johnson to grease his election campaign.

They are the true winners here like always

I don't take the Eye any more, IH irritates me more than he makes my laugh.

 

[br jones]

BOE Rate Cut in Doubt Amid Signs of Post-Election Bounce

Signs of Election Bounce Undermine Case for Immediate BOE Cut

U.K. economic activity roared back to the highest level since 2018 this month, weakening the case for the imminent Bank of England interest-rate cut that markets continue to price in.

flip.it

 

[M-J-G]

BOE Rate Cut in Doubt Amid Signs of Post-Election Bounce

Signs of Election Bounce Undermine Case for Immediate BOE Cut

U.K. economic activity roared back to the highest level since 2018 this month, weakening the case for the imminent Bank of England interest-rate cut that markets continue to price in.

flip.it

I'm not sure I like how the Governor of the BOE is an unelected role, yet he's one of the most influential people in the country.

A bit like the EU really.

 

[le bon paysan]

I'm not sure I like how the Governor of the BOE is an unelected role, yet he's one of the most influential people in the country.

A bit like the EU really.

So start a campaign to bring the BoE back under political control. With Boris in charge world domination beckons?

 

[Hindsight]

I'm not sure I like how the Governor of the BOE is an unelected role, yet he's one of the most influential people in the country.

A bit like the EU really.

Trump thinks the same. Chastising the Fed.

http://news.bbc.co.uk/onthisday/hi/dates/stories/may/6/newsid_3806000/3806313.stm

Maybe time to recall why the role was depoliticised in 1997.

 

[capfits]

Aye currency is gyrating about like a teenage drunk at a disco.
Good money to be made playing it if you wish.

 

[br jones]

Globalists’ Predictions of Economic Disaster After Trump’s Election and Brexit Were Bravo Sierra

Globalists’ Predictions of Economic Disaster After Trump’s Election and Brexit Were Bravo Sierra

Capitalism works every time it is tried.

flip.it

Got to smile

 

[capfits]

Done. There you are.

 

[Ncap]

And Captain Edward Smith reports vessel is just stopping to collect more ice for the cocktail bar.

 

[Exfarmer]

Still bumbling along at about 1.30 compared ro the glory days of 1.60

 

[ollie989898]

In the wider economic and political context, the pound won't be reaching 1.60 for a while yet, through no fault of it's own.

 

[arcobob]

Still bumbling along at about 1.30 compared ro the glory days of 1.60

When I was a boy in the 50s the dollar was worth about seven and six, or just under three to the GBP. I don`t remember those as being glory days so how do you reckon a strong pound is such a great thing?

 

[Exfarmer]

When I was a boy in the 50s the dollar was worth about seven and six, or just under three to the GBP. I don`t remember those as being glory days so how do you reckon a strong pound is such a great thing?

Because we all have to work less to earn the same money if the pound is strong.
It was the secret of the German success.

 

[Danllan]

Because we all have to work less to earn the same money if the pound is strong.
It was the secret of the German success.

That doesn't necessarily make it a good thing, and the Germans were heading up sh!t creek with the DM, the Euro was their saviour.

 

[Exfarmer]

That doesn't necessarily make it a good thing, and the Germans were heading up sh!t creek with the DM, the Euro was their saviour.

That is certainly a new take on history of breathtaking proportions

 

[arcobob]

Because we all have to work less to earn the same money if the pound is strong.
It was the secret of the German success.

That is a myth. Life is never that simple.