Thursday, Nov 09, 2006
What the experts say
Firstrung: Interest rate rise, what the experts say...
We've compiled a 'snapshot' of industry expert opinion on the news that interest rates have risen 0.25%. Taking a step back it strikes the Firstrung team as odd that, within the general commentary available on todays news, there is no 'voice' available in relation to the damage for exporters, or manufacturers, or the knock on effect this rise may have on short term wage demands, particularly in the new year when consumers will find their wage packet stretched more than at any time over the past five years.
Posted by converted lurker @ 02:51 PM (129 views) Add Comment
4 Comments
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1. george monsoon said...
Not directly relevant to the article above, but may be fun for those who have a few minutes spare..
try www.bullbearings.co.uk
you can play the stockmarket in a virtual environment, with pretend money. Its like the real thing and works 15 minutes behind the actual market. You start with 100,000
I got lucky recently with industrial metals and my portfolio is over nine million. (if only!!)
2. Nasha said...
Is it me or does the term "industry expert" actually mean "vested interest"?
3. sold 2 rent 1 said...
george,
life's too short to be playing games
Why don't you get involved for real?
4. george monsoon said...
If I ever have a grand or two in the bank (nice to dream....) then I will.
Its a risky game though, I lost nearly 1 of my 9 million a month ago when I invested in Mining.
they discovered mud, and the shareprice dipped A LOT.
Im not sure I have the brass cahoneys to risk real money...