bearwithasorehead Posted September 30, 2009 Share Posted September 30, 2009 As has been noted elsewhere on HPC, lots of money has gone into crappy stocks with ridiculous Price/Earnings Ratios, companies with loads of debt and industries with shrinking markets or in need of restructuring. For what it's worth my defensive stocks are back down to June prices. Quote Link to comment Share on other sites More sharing options...
Realistbear Posted September 30, 2009 Author Share Posted September 30, 2009 http://news.bbc.co.uk/1/hi/business/8283515.stm FTSE 100 has record three months The FTSE has been recovering from the effects of the global financial crisis The FTSE 100 index of leading shares has enjoyed the best three months in its 25-year history. The index, which has just closed at 5133.9 points, gained 21% between July and September. Scary given the financial backdrop. Quote Link to comment Share on other sites More sharing options...
dr ray Posted September 30, 2009 Share Posted September 30, 2009 http://news.bbc.co.uk/1/hi/business/8283515.stmFTSE 100 has record three months The FTSE has been recovering from the effects of the global financial crisis The FTSE 100 index of leading shares has enjoyed the best three months in its 25-year history. The index, which has just closed at 5133.9 points, gained 21% between July and September. Scary given the financial backdrop. Its inflation. Assets up all over the place due to QE. Pity the inflation calculation doesn't include asset inflation. Same occurred following Greenspans and Browns low interest policies following dot-com bust. Massive asset inflation and yet we were told inflation was under control Quote Link to comment Share on other sites More sharing options...
Guest P-Diddly Posted September 30, 2009 Share Posted September 30, 2009 (edited) Its inflation.Assets up all over the place due to QE. Pity the inflation calculation doesn't include asset inflation. Same occurred following Greenspans and Browns low interest policies following dot-com bust. Massive asset inflation and yet we were told inflation was under control Edited September 30, 2009 by P-Diddly Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted September 30, 2009 Share Posted September 30, 2009 Your forgetting the jobless recovery. Quote Link to comment Share on other sites More sharing options...
Guest P-Diddly Posted September 30, 2009 Share Posted September 30, 2009 Your forgetting the jobless recovery. n . . n . . na we ain't forgotten that. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted September 30, 2009 Share Posted September 30, 2009 n . . n . . na we ain't forgotten that. To be honest it would be hard to forget about, there's evidence of it everywhere. If the markets turn vicious I can see a crash happening. Quote Link to comment Share on other sites More sharing options...
Game_Over Posted September 30, 2009 Share Posted September 30, 2009 Another crash is inevitable, the only questions is when. Labour (apart from Brown who inhabits a parallel universe) are hoping after the next election so the Conservatives get the blame. The British electorate are so dim they will probably actually blame Cameron if it does happen when he is PM. Quote Link to comment Share on other sites More sharing options...
Guest P-Diddly Posted September 30, 2009 Share Posted September 30, 2009 To be honest it would be hard to forget about, there's evidence of it everywhere.If the markets turn vicious I can see a crash happening. 'ave a go at this big pictures thing. No t!ts, alright! Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted September 30, 2009 Share Posted September 30, 2009 'ave a go at this big pictures thing.No t!ts, alright! Damn you said no tits Quote Link to comment Share on other sites More sharing options...
Guest P-Diddly Posted September 30, 2009 Share Posted September 30, 2009 Quote Link to comment Share on other sites More sharing options...
stormymonday_2011 Posted September 30, 2009 Share Posted September 30, 2009 http://news.bbc.co.uk/1/hi/business/8283515.stmFTSE 100 has record three months The FTSE has been recovering from the effects of the global financial crisis The FTSE 100 index of leading shares has enjoyed the best three months in its 25-year history. The index, which has just closed at 5133.9 points, gained 21% between July and September. Scary given the financial backdrop. Just for some perspective, the predecessor of the FTSE, the FT30, saw a 150% recovery in the year following the 1973-74 Stock Market crash. Of course, then the markets had an inflation rate of 25% helping them out. Can't help thinking those gambling on a similar outcome this time could end up getting seriously burnt since there is no sign of earnings (corporate or personal) supporting the higher valuations. Not that it will make much difference since the period 1975-1980 was hardly a model of financial stability and it is certain that the next 5 years are going to be even more rocky. Quote Link to comment Share on other sites More sharing options...
tboy Posted September 30, 2009 Share Posted September 30, 2009 Just watched the BBC news clip of this story...love how they use old share screens when talking stock market stories...I paused the telly to have a closer look, must be from ages ago, the screen had RBS at 226p ! Oh those were the days.... Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted September 30, 2009 Share Posted September 30, 2009 BBC was just reporting this - probably the markets will tank tomorrow as a result. I still think that massive manipulation is going on. Official secrets act and all that. Quote Link to comment Share on other sites More sharing options...
Guest Daddy Bear Posted September 30, 2009 Share Posted September 30, 2009 Quote Link to comment Share on other sites More sharing options...
Guest P-Diddly Posted September 30, 2009 Share Posted September 30, 2009 Investors moving out of property into shares. Quote Link to comment Share on other sites More sharing options...
Guest P-Diddly Posted September 30, 2009 Share Posted September 30, 2009 BBC was just reporting this - probably the markets will tank tomorrow as a result.I still think that massive manipulation is going on. Official secrets act and all that. Quote Link to comment Share on other sites More sharing options...
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