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200p

This Isn't A Correction, This Is A Recession. 3 Charts Points To Doom.

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No link to an article, just plain observation:

Hugo Boss

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Restaurant Group (Frankie and Bennies + many others)

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Next (thanks to Ash4781)

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A correction which might be as bad as 20% fall from a recent peak, and isn't linked to profit warnings. It just happens through profit taking and it doesn't cause panic.

These falls are stemming from profit warnings, and people are bailing at whatever price, causing this waterfall effect. A recession is definitely worse.

Edited by 200p

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Almost as if low income jobs in an economy with a high cost of living drags on the economy!

Almost.

Low income jobs in ahigh cost economy, with a very large top up provided by the middle/upper earners who actually have to compete and eanr money rather than having a made up job doing nails or 15h on the till.s

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materialism is disappearing, as a young guy myself I would love some extra gadgets, another bike, some more clothes and various other things.

Where am I supposed to put all this stuff when I'm 27 and living with parents as house prices are such poor value.

eventually you stop wanting things.

the stock market falls started a while ago now, some strong bounces but no fresh new highs. The plunge moments could only be weeks away now, I predict late May early June.

recession is pretty much baked in. Mid to end if this year.

Cheap houses this time next year.

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I guess everyone listened to the boomers, stopped buying goods and services and instead decided to put all their money into the notional value of a property loan and make a bank rich.

At least when the economy comes crashing down they won't have spent money on an iPad.

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So, about half the way so far :)

Materialism disappearing.

Too much stuff and not enough places to store it......experiences are the way to go, but not manmade, artificial, teccy tacky experiences but real life, real world, real people experiences...;)

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This isn't any recession though, this will be an M&S recession.

The government has no where to go this time round. All the weapons were used in 2008 and all that ammo is still being used today.. Usually weapons are slowly removed as the economy improves ready for the next time round.

Gordon Brown was right about one thing - no more boom and bust. We've had the boom now the bust is permanent....

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so 3 uderperforming businesses and its a recession?

But coincident and concordant nevertheless,

Less money for discretional spend, job losses, high houseprices, student loans, and as others have said, less storage as new builds have virtually none, more and more houses are now BTL flats, living at home.

Low interest rates causing savers paradoxically, to save even harder

And Paul Hodge's excellent IMO The Great Unwinding as explained on MoneyWeek

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so 3 uderperforming businesses and its a recession?

Its a selection bias, certainly.

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It`s people worrying about Brexit that has caused it, will be over in 6 weeks time.

Will it. UK public getting a bit fed up with been told to suck immigration up and shut the f%%k up by the BBC. if the Scottish referendum is anything to go by, whence the polls under-estimated the Maverick vote, we could be heading for Brexit and economic chaos.

http://www.cnbc.com/2016/05/04/sterling-flags-as-polls-point-to-brexit.html

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So next was up to 80 quid at one point? I never understood how it went from 10p to ten quid. Always seemed much the same as the other high street clothes retailers.

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Will it. UK public getting a bit fed up with been told to suck immigration up and shut the f%%k up by the BBC. if the Scottish referendum is anything to go by, whence the polls under-estimated the Maverick vote, we could be heading for Brexit and economic chaos.

http://www.cnbc.com/2016/05/04/sterling-flags-as-polls-point-to-brexit.html

What with hpi, credit crunches et al strange to think we might be coming to the end of a golden age when you could live work and do business on the continent without restriction.

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What with hpi, credit crunches et al strange to think we might be coming to the end of a golden age when you could live work and do business on the continent without restriction.

:)

Always easier to blame others

Although I do like Ling's take on Brexit (you need sound)

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But coincident and concordant nevertheless,

Less money for discretional spend, job losses, high houseprices, student loans, and as others have said, less storage as new builds have virtually none, more and more houses are now BTL flats, living at home.

Low interest rates causing savers paradoxically, to save even harder

And Paul Hodge's excellent IMO The Great Unwinding as explained on MoneyWeek

These 3 companies hardly look 'typical' given in the last year or so they both massively out mkt capped their 2006 peaks. The general market hasnt.

Looks like they were bubbles waiting to pop.

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