fooking stockmarket. I should have stuck with what I understood - sticklebacking for jack-pike ont goit
If you are that good at seeing into the future could you please pm me with 6 numbers for saturdays lottery
With the effects of Brexit (significant and worse from 1/1/22), Covid, and rising wage-based inflation without productivity increases, it doesn't take Mystic Meg to see that the economy is in for a rocky few years. Particularly if interest rates rise and the housing bubble bursts...
I thought the economy was on the up but then what do I know, I just read what you experts write on here , no need to watch the news, read the papers etc, all the answers are on the BBS .
Sorry, how daft of me to have an opinion. You're right, everything is hunky dory, 6.8% inflation is just transitory and nothing to be worried about, the government definitely isn't trapped between a rock and a hard place when it comes to inflation vs raising interest rates, the stock market isn't at the most overvalued point it's ever been and there's absolutely no chance of there being a pin which bursts the bubble (be it Evergrande, covid, commercial mortgage backed security defaults or one of a million other things). Funnel money into a stock market tracker - the economy is on the up so it's free money.
Here you go. Doesn’t sound especially rosy to me. https://www.itv.com/news/2021-12-10/analysis-shows-brexit-caused-12-billion-of-lost-trade-in-october
There is an enormous bubble in asset prices that is in no way supported by the underlying economy. Stock markets and house prices are close to an all-time high, yet it hardly feels like we’re on the brink of an economic golden age. A decade of 1970s-style stagflation seems a much likelier outcome.
My financial advisor emphasises the need to diversify. I hope he's right because my retirement depends upon jt!
I'm thinking about bitcoin and Gold investments as I feel too exposed to the stock market. I know they're a very different risk profile of course from each other - Gold and bitcoin.
Once again I am in awe of the knowledge of a BBS member , you are not daft to have an opinion at all , I totally respect your opinions but thats all they are , yours mine & everybody else have all got opinions but it doesn"t make them right does it.