The Masked Tulip Posted March 22, 2013 Share Posted March 22, 2013 Fitch lives! Quote Link to comment Share on other sites More sharing options...
Carabansity Posted March 22, 2013 Share Posted March 22, 2013 Linky Quote Link to comment Share on other sites More sharing options...
koala_bear Posted March 22, 2013 Share Posted March 22, 2013 Everything is bearish at this week. Pounds slid slightly (all in Merv's plan?) Quote Link to comment Share on other sites More sharing options...
BLOW FLY Posted March 22, 2013 Share Posted March 22, 2013 Everything except house prices apparently. Still most the people I talk with and over hear down the local think house prises are set to rise this year and they think its a good thing..... BF Quote Link to comment Share on other sites More sharing options...
@contradevian Posted March 22, 2013 Share Posted March 22, 2013 (edited) Everything is bearish at this week. Pounds slid slightly (all in Merv's plan?) Cable has quite a good week. A slid about 30 odd pips on the Fitch news but is now at Feb 2013 levels (@1.523 Undoubtedly benefited from Euro woe's as considered (ironically) as a "safe haven" currency. Edited March 22, 2013 by Secure Tenant Quote Link to comment Share on other sites More sharing options...
winkie Posted March 22, 2013 Share Posted March 22, 2013 Everything except house prices apparently. Still most the people I talk with and over hear down the local think house prises are set to rise this year and they think its a good thing..... BF .....when prices stop rising, people stop buying, what is the point?....when they stop buying people therefore stop selling....stalemate. Quote Link to comment Share on other sites More sharing options...
zugzwang Posted March 22, 2013 Share Posted March 22, 2013 Fingers crossed for a double. Quote Link to comment Share on other sites More sharing options...
okaycuckoo Posted March 22, 2013 Share Posted March 22, 2013 Fingers crossed for a double. Ooh. Blood pressure problems. Quote Link to comment Share on other sites More sharing options...
Superted187 Posted March 22, 2013 Share Posted March 22, 2013 Anyone got any plans to ditch their sterling? Would like like to hear some genuine plans Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted March 22, 2013 Share Posted March 22, 2013 We are junk, the ratings agencies are slowly catching up. Quote Link to comment Share on other sites More sharing options...
geezer466 Posted March 22, 2013 Share Posted March 22, 2013 It was the cunning plan to re-inflate the sub prime property market underwritten by more taxpayer cash wot did it...... These people aren't stupid you know!! Quote Link to comment Share on other sites More sharing options...
erranta Posted March 22, 2013 Share Posted March 22, 2013 We are junk, the ratings agencies are slowly catching up. You seem to get a perverse pleasure out of the Uk's demise Carry-On Quote Link to comment Share on other sites More sharing options...
Fishfinger Posted March 22, 2013 Share Posted March 22, 2013 Fingers crossed for a double. Hellboy 4? Quote Link to comment Share on other sites More sharing options...
dances with sheeple Posted March 22, 2013 Share Posted March 22, 2013 How many downgrades before rates are forced up? Quote Link to comment Share on other sites More sharing options...
zugzwang Posted March 22, 2013 Share Posted March 22, 2013 How many downgrades before rates are forced up? Not rates as they can be arbitrarily suppressed by the BoE 'looking through inflation', but gilt yields. Every step down from AAA puts more upward pressure on the yield curve and makes the cost of borrowing that little bit more expensive, all things being equal. BBB- is the lowest so-called investment grade bond. Anything lower is called speculative and acquires a much higher coupon. There are nine steps in the ladder between AAA and BBB- but downgrades often jump two and three at a time. Quote Link to comment Share on other sites More sharing options...
dances with sheeple Posted March 22, 2013 Share Posted March 22, 2013 Not rates as they can be arbitrarily suppressed by the BoE 'looking through inflation', but gilt yields. Every step down from AAA puts more upward pressure on the yield curve and makes the cost of borrowing that little bit more expensive, all things being equal. BBB- is the lowest so-called investment grade bond. Anything lower is called speculative and acquires a much higher coupon. There are nine steps in the ladder between AAA and BBB- but downgrades often jump two and three at a time. Oh please God, please Quote Link to comment Share on other sites More sharing options...
albimac Posted March 23, 2013 Share Posted March 23, 2013 1363980706[/url]' post='909286805']Anyone got any plans to ditch their sterling? Would like like to hear some genuine plans There are numerous suggestions splattered throughout a variety of topics on this site. What it comes down to (I think) is that none are without substantial risk. I have a bit of cash & would love to take some action to preserve, let alone increase its value. The problem I seem to be experiencing, is a lack of b@lls to kick start a plan of action. Now does anyone have suggestions for overcoming this condition? Quote Link to comment Share on other sites More sharing options...
sombreroloco Posted March 23, 2013 Share Posted March 23, 2013 Fitch are bloody Frenchies! They hate us because we have this wonderful business model based on cheap credit and rehypothecation to infinitum, while all they got is plenty of monuments, good food and gorgeus women. Losers! Quote Link to comment Share on other sites More sharing options...
yellerkat Posted April 19, 2013 Share Posted April 19, 2013 Fitch Downgrades United Kingdom to 'AA+'; Outlook Stable Fitch Ratings-London-19 April 2013: Fitch Ratings has downgraded the United Kingdom's Long-term foreign and local currency Issuer Default Ratings (IDR) to 'AA+' from 'AAA'. The Outlook is Stable. At the same time, the agency has affirmed the UK's Short-term foreign currency rating at 'F1+' and the Country Ceiling at 'AAA'. The rating actions follow the conclusion of the review of the UK's sovereign ratings initiated on 22 March and resolve the Rating Watch Negative. The previous Negative Outlook on the UK's sovereign ratings had been in place since 14 March 2012. Quote Link to comment Share on other sites More sharing options...
goldbug9999 Posted April 19, 2013 Share Posted April 19, 2013 There are numerous suggestions splattered throughout a variety of topics on this site. What it comes down to (I think) is that none are without substantial risk. I have a bit of cash & would love to take some action to preserve, let alone increase its value. The problem I seem to be experiencing, is a lack of b@lls to kick start a plan of action. Now does anyone have suggestions for overcoming this condition? Danish/Swedish/Norwegian krone/equities hedged with yellow stuff and perhaps a flutter on bitcoin. If you havnt got an online dealing account then setting one up would be a good start. Quote Link to comment Share on other sites More sharing options...
zugzwang Posted April 19, 2013 Share Posted April 19, 2013 When can we have the knighthood back, Mr King? Quote Link to comment Share on other sites More sharing options...
moonriver Posted April 19, 2013 Share Posted April 19, 2013 Fitch Ratings-London-19 April 2013: Fitch Ratings has downgraded the United Kingdom's Long-term foreign and local currency Issuer Default Ratings (IDR) to 'AA+' from 'AAA'. The Outlook is Stable. . Not the best timing, says Guardian article... http://www.guardian.co.uk/business/2013/apr/19/eurozone-crisis-imf-g20-emerging-nations-austerity-growth Faisal Islam @faisalislamextraordinary timing from Fitch on AAA, as the Chancellor sits down with fellow G7 finance ministers and the IMF etc 6:09 PM - 19 Apr 2013 Quote Link to comment Share on other sites More sharing options...
frederick Posted April 19, 2013 Share Posted April 19, 2013 The opinion polls put Labour to storm home at next GE, with Ed (Austerity doesn't work) Balls at the helm, its going to be kick start the economy by borrowing and spending more, driving the economy into the ground even faster, does anyone think we will get to the end of that govt without going bust? Quote Link to comment Share on other sites More sharing options...
dammfoolman Posted April 19, 2013 Share Posted April 19, 2013 (edited) The opinion polls put Labour to storm home at next GE, with Ed (Austerity doesn't work) Balls at the helm, its going to be kick start the economy by borrowing and spending more, driving the economy into the ground even faster, does anyone think we will get to the end of that govt without going bust? I really hope they get in. Its only then people will wake up to the fact that Labour should NEVER be trusted with the nations finances and that the blue lot want to keep the status quo. Its growth from the ashes of UK PLC once Liebour bust the country that this country can be great again. Edited April 19, 2013 by dammfoolman Quote Link to comment Share on other sites More sharing options...
Democorruptcy Posted April 19, 2013 Share Posted April 19, 2013 The opinion polls put Labour to storm home at next GE, with Ed (Austerity doesn't work) Balls at the helm, its going to be kick start the economy by borrowing and spending more, driving the economy into the ground even faster, does anyone think we will get to the end of that govt without going bust? You can get 3/5 or 1.60 Labour winning most seats in places they are as short as 4/9 or 1.44. Tories as high as 15/8 or 2.875 http://www.oddschecker.com/politics-and-election/next-uk-general-election/most-seats Quote Link to comment Share on other sites More sharing options...
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