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Stock Market 2022

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

  1. andyoz

    andyoz pfm Member

    I still don't get how they make those predictions as virtually no predictions the last few years have been correct so they should just give up trying and admit they don't know.... Wellington is down 14% already and it's only half way thru 2022.

    The hoped for 'soft landing'.
     
  2. NeilR

    NeilR pfm Member

    andrewd, sean99 and davidsrsb like this.
  3. davidsrsb

    davidsrsb pfm Member

    Consolidation of the miners to a couple of survivors means that Bitcoins "consensus" security becomes hopelessly broken
     
  4. Kirk

    Kirk pfm Member

    Fortune telling is big business. It doesn't have to be right (and rarely is), it just has to provide a measure of reassurance/control/profit.
     
  5. andyoz

    andyoz pfm Member

    My bro in Oz sent me this and thought it was funny...They only get inflation data quarterly.
    The were adamant interest rates wouldn't increase until 2024.... Whoops!!
    https://www.dailymail.co.uk/news/ar...Lowe-laughed-Zurich-inflation-conference.html

    China won't 'save' Oz like it did back in 2008 so they're actually getting worried now.
    Like I said earlier, if the house of cards collapses like 2008, there is no world growth engine like China to prop stuff up this time...how many people do you know that ****ed off to Oz in 2009/10 to ride on the back of China's massive stimulus? Here in Ireland, it felt like every second person I know did that.
     
  6. Ponty

    Ponty pfm Member

    Ultimately, global demand for pretty much everything is only going one way, until the human race implodes…

    [​IMG]
     
  7. Mike Reed

    Mike Reed pfm Member

    General question for you stock-pickers. When I buy or sell shares, the commission at 1.6???whatever percent PLUS £15 compliance charge per trade would make it unproductive to chop and change. However, the FTSE fluctuates daily with vast numbers of shares being bought/sold. Is there one dealing regime for some and another for small investors like me? That compliance charge, firstly £10 then hiked last year, is a load of crap, but presumably a statutory one.
    When I started buying properly in 2003 via Saga and/or Barclays, overall charges were minimal. Do I have the wrong broker (Redmayne Bentley)?
     
  8. paulfromcamden

    paulfromcamden Baffled

    Ah the good old days of 4,000 BCE.
     
  9. Ponty

    Ponty pfm Member

    The global population has pretty much doubled in just over 40 years. I’d say that trend is fairly concerning from a planet sustainability perspective. Clearly great from a short - medium term demand point of view.
     
  10. paulfromcamden

    paulfromcamden Baffled

    I completely agree. It's not sustainable. And as I've probably posted before I can't help but wonder if whatever sentient creatures are left after we wipe ourselves out won't breath a collective sigh of relief.
     
    Snufkin and Ponty like this.
  11. Ponty

    Ponty pfm Member

    It’s the great big elephant nobody wants to talk about. No matter how we tweak around the edges, more people equals more consumption of resources. Nature will fight back and ultimately win.
     
    andrewd and Snufkin like this.
  12. andyoz

    andyoz pfm Member

    Covid was a sign of that...

    Anyway, lets drive around in 2.5 tonne EV's to solve the issue.
     
  13. Ponty

    Ponty pfm Member

    Great idea, whilst burning coal to power them.
     
  14. andyoz

    andyoz pfm Member

    Nah, take it straight from the source.
    That's not an EV towing that generator BTW...

    [​IMG]
     
  15. Ponty

    Ponty pfm Member

    Couldn’t make it up. A dirty great truck will be along in a minute to recover the disco when it won’t start.
     
  16. Ponty

    Ponty pfm Member

    Just out, on the rise…

    https://www.bbc.co.uk/news/uk-61966084
     
  17. andyoz

    andyoz pfm Member

    What cracks me up is the Fed etc. are trying to engineer an economic 'soft landing'...but history shows they have never succeeded doing that in the past
     
  18. Ponty

    Ponty pfm Member

    They’ve not managed it before because in the early 90’s they allowed foreclosures to let rip to flush things out. During the GFC they slashed IR’s to save people. Can’t do that this time if things get choppy. That leaves more bail outs to prevent forced sales and maintain asset prices IMHO. No way will govts let hundreds of thousands of homes be repo’d.
     
  19. wacko

    wacko pfm Member

    Anyone buying yet ? Or wait a month ?
     
  20. martin clark

    martin clark pinko bodger

    <... trundles off to invest in Pitchfork futures... and sackcloth/>
     
    sean99 likes this.

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