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The Masked Tulip

Creative Art Of Bullish Excuses, Stock Market Still Good To Go, Hook Has Been Set

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European stocks retreated this week as escalating protests in Egypt and an unexpected drop in the U.K.’s gross domestic product offset accelerating U.S. economic growth in the fourth quarter.

Next Plc, Britain’s second-biggest clothing retailer, slumped 7 percent this past week as the U.K. economy shrank.

“Some of the European data was weak and the U.K’s gross domestic product was lower than expected, although the message on the U.S. economy is still okay to good, which should support equity markets going forward,” said Simon Maughan, co-head of European equities at MF Global UK Ltd.

If stocks do head down now, a hook has been set. That "hook" is blaming this all on Egypt, with a message "buy the dip".

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  • 285 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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