modemfish

I wouldn't plan long term. Just enjoy yourselves for the next two years.

So all the Global PR of green shoots and nothing to be concerned about is all a facade. Offtopic slightly : Was in Antwerp at the w/e huge number of shoppers in the high street. ( Note. In the High street Not in the shops. ) Beats having to queue at the cash tills.

http://www.guardian.co.uk/business/marketf...eygroupholdings Some munchies for us Bears. Meanwhile it's still going up. WTF

barely a bear!

http://uk.reuters.com/article/idUKLH40487920090817 Shares in Barratt Developments (BDEV.L) are down 5.9 percent, the third biggest FTSE 250 .FTMC loser, after a report in the Mail on Sunday says the British housebuilder will seek to raise 500 million pounds through a rights issue when it reports its full year results in September. "We believe that a capital raise is likely," say analysts at Panmure Gordon on Monday. "We continue to believe that Barratt will need to undertake a dilutive fundraising in order to secure its debt position and give it a foothold to start growing again," they add. Shares in other UK housebuilders are also down including Taylor Wimpey (TW.L), off 3.5 percent, and Bovis Homes (BVS.L), down 4.3 percent.

I think there's a lot of truth in this. Here in the Netherlands walking around Wassenaar (The Beverly hills of the Netherlands they call it.) there's a huge number of properties for rent, for for sale. The expats have left. It's looking a little like a ghost town. In my companies case i'm about the only one left. (mostly US folks though.) They haven't lost their jobs they've just been posted back home.

function keep_it_brown() { While (GBP >EUR & Dollar not fully down the pan) { for ( i =1 to 50 Billion) { Print (1 GBP); Send_it_overseas(); confuse_the_masses_and_devalue_their_wealth() ; } } }

stamp duty holiday is coming to an end?