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Tarmac Cuts 550 Jobs

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West Midlands-based firm Tarmac Building Products Ltd is to cut 550 jobs and close one of its divisions due to "tough market conditions". Recovery? heh :lol:

BBC delighted to report and their pundits confirm that all markets are up on new found confidence that the recession is past us, that bonds, gilts and markets are all up and that the new bull market in all markets is here.

OK, many markets are on very low volumes due to the holidays, and the US GDP is better by .1%, yet margins are crushed, unemployment is rising and liquidity is boundless.

Me, I think QE has nowhere to go but into stocks, commodities and certainly bonds and bailouts.

And while they pump, inflation is going throught the roof for real expenditures and people, meanwhile the markets rise in the race of currencies to the bottom.

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Probably related to so few new houses being built. Even though there is huge demand in areas of the country, NIMBY's won't allow it.

When NIMBY's stop a project its not just denying people a place to live.. its all the construction jobs, and all the support jobs lost too.

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  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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