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Realistbear

Bank Of England Alert

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http://uk.us.biz.yahoo.com/ft/060116/fto01...63573.html?.v=1

Mervyn King, Bank of England governor, has warned of the threat of a rise in long-term interest rates and a
fall in the price of assets such as shares and housing
.
Mr King highlighted the unusually low level of long-term real interest rates - rates after inflation - around the world, in a speech last night.

Time to sell if you own and time to rent if you don't.

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http://uk.us.biz.yahoo.com/ft/060116/fto01...63573.html?.v=1

Mervyn King, Bank of England governor, has warned of the threat of a rise in long-term interest rates and a
fall in the price of assets such as shares and housing
.
Mr King highlighted the unusually low level of long-term real interest rates - rates after inflation - around the world, in a speech last night.

Time to sell if you own and time to rent if you don't.

He is just trying to manipulate asset prices without taking an action. It could well be a different story entirely next month.

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IMO he is trying to manage IRs and sentiments without changing interest rates, in an attempt to achieve a soft landing. If he keeps the spring bounce under control he will stop prices getting higher, after the spring bounce he will be trying to stop things falling by saying the opposite....

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It’s the best time to prepare for crash position article I have read in a long time

Shame it has no time scale to work to

http://news.bbc.co.uk/1/hi/business/4618936.stm

The BBC made little mention about the drop in house prices...

Strange that..

When the dust settles I think the BBC will have a lot of questions to answer from those who have placed their trust in them..

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  • 331 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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