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Stock Market 2022

Discussion in 'off topic' started by Ponty, Jan 6, 2022.

  1. Mike Reed

    Mike Reed pfm Member

    Am disappointed at the 0.25% hike today, esp. after the 0.75% one in the U.S.A. Our inflation is higher too! Some pundits were suggesting a 0.5% hike but the BoE is understandably cautious. Every time there's a rise nowadays, I get an email from my savings investment companies saying they're reviewing their rates (for July 1st currently) but 'don't call us, we'll call you'.

    It's been so long since this escalation of interest rates scenario that I've forgotten whether to lock into fixed accounts or stay variable. So far it's the latter, based upon fixed 1 year rates last October which have now been exceeded by the latest rise.

    Looking like a buying opportunity for stocks coming up, and I do like those divi's coming in every month and wouldn't mind a few more. Things look decidedly more risky now than at the outbreak of the Gulf War in '03 when I luckily called the bottom of the market to start my small portfolio. I wonder which sectors are likely to ride out the storm.
     
    Snufkin likes this.
  2. andyoz

    andyoz pfm Member

    It's the fact we could have a proper 'Worldwide' recession this time that worries me. Last time we had China as a growth engine to latch onto and control inflation...

    Every country got Covid and had similar responses (at least in the West) so every country/region will be dealing with the sting in the Covid tail simultaneously.

    Many are also holding alot more personal debt than compared to the run up to 2008...because sure interest rates are low until they aren't...
     
  3. Kirk

    Kirk pfm Member

    Not one of the biggest brands IMO. Also relaunching as Luna 2.0 though no guarantee it will be successful.
     
  4. matt j

    matt j pfm Member

    LUNA was a massive top ten MC crypto, it has already relaunched and failed. It's dead.
     
    andyoz and Kirk like this.
  5. andyoz

    andyoz pfm Member

    As always, I'm on the lookout for Divdend payers going cheap ATM...ideas?
     
  6. Mike Reed

    Mike Reed pfm Member

    Unilever (they have their prob's a.t.m., but will come good again with new blood on the board), and GSK. Two of my best.
     
    Wright likes this.
  7. andyoz

    andyoz pfm Member

    What surprises me is the number of people I know that were fully invested late last year. Anytime, I suggested that things may not be so good in 2022 they shouted down with "There's loads of liquidity in the system!!"
     
  8. andyoz

    andyoz pfm Member

    Yeah, I managed to get GSK and AZN in a bit of a price lull at some stage but bought ULV on a bit of a high and have enough ULV for now.
     
  9. Ponty

    Ponty pfm Member

    Yes, big pharma has done well. ULVR has disappointed (down overall and hold enough). Will come good I’m sure and happy to hold.
     
  10. andyoz

    andyoz pfm Member

    I'm working on two large shopping centre refurbishments built in the late 90's. Both are shifting focus from being retail to "Family Entertainment Centres" with cinemas, crazy golf, VR stuff etc. It's the only option they have left really.
     
  11. matt j

    matt j pfm Member

    Hmmm...

    Powell: "Rapid changes are taking place in the global monetary system that may affect the international role of the dollar."

    A US central bank digital currency is being examined to "help the US dollar's international standing."
     
  12. Mike Reed

    Mike Reed pfm Member

    I started coming across these new malls from the early eighties. Within a few years, I was finding many new shopping centres on an annual basis where there had been none a year or so previously. Bloody nuisance, as it caused me a lot of extra work making enquiries, drawing maps and entering tenants, both on site and when transposing to editorial copy at home (and I was only paid per page !!!!!).

    My first impressions were of the proliferation of gift/gadget shops and, of course, fashion. Some of these malls were multi-storey and huge, and I wondered how on Earth all these new outlets can make money, but it was the beginning of a wealth heyday courtesy of Maggie's reign and succeeding decades (with blips).

    Of course these huge expansions of retail outlets couldn't last, even with an increasing population and younger spending demographic. The rot started, I feel, before the pandemic but repurposing these retail conurbations will be the way forward. However, turning them into entertainment centres is, I think, a bit short-sighted. What an opportunity for new apartment housing, inappropriate from a construction aspect as that may be.
     
  13. Kirk

    Kirk pfm Member

    Just sold out of ULVR. Waiting to get back in as market volatility increases.
     
  14. davidsrsb

    davidsrsb pfm Member

    Bitcoin crashed through the $20k barrier today, 5% down in a day.
    Who would accept it for payment when its doing that?

    At least with the Unilevers of the world, you know that they have a profit making business next week.
     
  15. matt j

    matt j pfm Member

    It's long since lost its purpose as a currency, you'd no more buy something with BTC than you'd carry around a lump off gold in your pocket.
     
  16. Snufkin

    Snufkin pfm Member

    Did it ever have one?
     
  17. matt j

    matt j pfm Member

    Alright, change purpose for 'intended use' if that suits you better, you still get my point.
     
  18. paulfromcamden

    paulfromcamden Baffled

    That's a bit of a worry. Gold is still viewed as a safe haven store of value - almost a pseudo currency.

    It sounds like you're suggesting crypto is a 100% speculative play with no real world use(?) in which case the only reason for holding it really is the 'greater fool' theory.
     
  19. matt j

    matt j pfm Member

    Big mistake people make is interchanging BTC/crypto, they're not all one thing.

    Some are speculative investments that just follow tech stocks, which is where I'd now place BTC. Some are designed for a whole host of other use cases too long to list. But that is usually too much effort for folk to look into.

    I'll be topping up and averaging in all the way down to the bottom, which I expect could be below the 300SMA, depending on the macro financial picture it wouldn't even surprise me if we retest $10k. I can smell the replies from here if we do that lol
     
    Amber Audio and paulfromcamden like this.
  20. Amber Audio

    Amber Audio This is the Day

    Plenty of info if folk google about real world and currently active/successful blockchain crypto projects.

    Likewise I’ll be dipping back in.
     
    matt j likes this.

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