AvoidDebt Posted July 14, 2016 Share Posted July 14, 2016 Media got it wrong on brexit as did the markets. I reckon he'll hold. Good call. Crash full speed ahead.. Quote Link to comment Share on other sites More sharing options...
Patient London FTB Posted July 14, 2016 Share Posted July 14, 2016 Get in! Quote Link to comment Share on other sites More sharing options...
billybong Posted July 14, 2016 Share Posted July 14, 2016 Quote Link to comment Share on other sites More sharing options...
yellerkat Posted July 14, 2016 Share Posted July 14, 2016 Like a cut from 0.5% is going to do anything at all? Quote Link to comment Share on other sites More sharing options...
london_thirtythree Posted July 14, 2016 Share Posted July 14, 2016 Media got it wrong on brexit as did the markets. I reckon he'll hold. Bosh.. good call Either that or you are Mark Carney and I claim my 50 cents Quote Link to comment Share on other sites More sharing options...
billybong Posted July 14, 2016 Share Posted July 14, 2016 (edited) It's as well that Osborne isn't Chancellor now as he would be considering suspending the markets - in 45 minutes. Nothing they say has any credibility. Edited July 14, 2016 by billybong Quote Link to comment Share on other sites More sharing options...
spunko2010 Posted July 14, 2016 Share Posted July 14, 2016 Thanks I suspected he'd hold for political reasons; I think hammond will be a grey level headed chancellor and will always err on the side of caution. The BoE isn't really apolitical as we all know. Quote Link to comment Share on other sites More sharing options...
Frugal Git Posted July 14, 2016 Share Posted July 14, 2016 (edited) Thanks I suspected he'd hold for political reasons; I think hammond will be a grey level headed chancellor and will always err on the side of caution. The BoE isn't really apolitical as we all know.And to be fair I called it first on the other pound dropping thread ;-) haha - no - i know you had been thinking it as well. its good we were right.Did end up betting on it too - nearly 2/1 on bet fair - I'm getting in carney head now. Edited July 14, 2016 by Frugal Git Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted July 14, 2016 Share Posted July 14, 2016 And to be fair I called it first on the other pound dropping thread ;-) haha - no - i know you had been thinking it as well. its good we were right. Did end up betting on it too - nearly 2/1 on bet fair - I'm getting in carney head now. You go freck him Quote Link to comment Share on other sites More sharing options...
mikthe20 Posted July 14, 2016 Share Posted July 14, 2016 (edited) You go freck him +0.5%! Edited July 14, 2016 by mikthe20 Quote Link to comment Share on other sites More sharing options...
Ash4781 Posted July 14, 2016 Share Posted July 14, 2016 Thanks I suspected he'd hold for political reasons; I think hammond will be a grey level headed chancellor and will always err on the side of caution. The BoE isn't really apolitical as we all know. How long is left of Carney's term? Quote Link to comment Share on other sites More sharing options...
LiveinHope Posted July 14, 2016 Share Posted July 14, 2016 Well Carney might have held, but my building society let me know they are dropping my rate from 1.5% to 1% form August 1st due to falling interest rates and mortgage rates. The timing of this letter feels were they expecting a drop today that didn't happen. Interest rates on savings drive me to work hard to save money for the future. Low interest rates on savings initially made me save harde, they now mean I have cut the work I do, because there is no point. I can't be the only one. How to incentivise people eh ? Quote Link to comment Share on other sites More sharing options...
Fully Detached Posted July 14, 2016 Share Posted July 14, 2016 Well Carney might have held, but my building society let me know they are dropping my rate from 1.5% to 1% form August 1st due to falling interest rates and mortgage rates. The timing of this letter feels were they expecting a drop today that didn't happen. Interest rates on savings drive me to work hard to save money for the future. Low interest rates on savings initially made me save harde, they now mean I have cut the work I do, because there is no point. I can't be the only one. How to incentivise people eh ? Exactly. I now do pretty much the bare minimum required to maintain a decent lifestyle. The savings are all there and will be used however I see fit, whenever I see fit. Maybe I'll buy a house sometime, maybe I won't. One thing I am absolutely not going to do is to put myself back onto the corporate treadmill, working long hours and getting stressed, and paying the government a lot of tax so that they can actively use it against me by keeping house prices as high as possible and giving other people money for doing jack shit to make the employment figures look good. There's only so long you can take it up the jacksie before it starts to chafe a bit and you decide you're just not going to play any more. My jacksie is now closed for business. Good work, successive governments. Quote Link to comment Share on other sites More sharing options...
LiveinHope Posted July 14, 2016 Share Posted July 14, 2016 Exactly. I now do pretty much the bare minimum required to maintain a decent lifestyle. I don't even employ people now, partly because there were no gains for me, but more because I saw no future for the youngsters I was training, I felt like I was just leading them on and giving false hope. And I thought I was doing the right thing. Quote Link to comment Share on other sites More sharing options...
bear.getting.old Posted July 15, 2016 Share Posted July 15, 2016 Thanks I suspected he'd hold for political reasons; I think hammond will be a grey level headed chancellor and will always err on the side of caution. The BoE isn't really apolitical as we all know. Carney did not hold. The MPC held. I suspected that despite what Carney said the other MPC members would vote no change. I mean, what has changed in the economy apart from a load of scaremongering crap? We are not out of the EU yet and won't likely to be for at 2.5 years at the earliest. Nothing has changed. But the BBC was full of it all morning saying that rates WILL be cut today. Normally the BBC never mentions the rate decision or the value of the £ even when has fallen a lot. But because its brexit they have suddenly woken up. The Radio 2 Vine show is laughable. Quote Link to comment Share on other sites More sharing options...
200p Posted December 10, 2016 Share Posted December 10, 2016 (edited) On 30/06/2016 at 7:15 PM, 200p said: I think people are not sure where to put the money. The EU - it might break up. China - they are going through a bust. USA - Trump has a good chance of winning, so no go there. (Although I'd actually be bullish if he won) Japan - nope. The UK - Wait and see.... If Trump wins - bullish for the UK with a Brexit. Â The SP500 is at all time new highs Edited December 10, 2016 by 200p Quote Link to comment Share on other sites More sharing options...
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