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Realistbear

Mervyn Kings Issues Warning On Asset Values As I R Soar

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https://registration.ft.com/registration/ba...00779e2340.html

UK bank governor sees risk to asset prices

By Scheherazade Daneshkhu in London

Published: January 16 2006 23:01 | Last updated: January 16 2006 23:01

Mervyn KingMervyn 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.

Looks like Mervyn is turning even more bearish on house prices. Looks like higher IR will be the undoing of the Miracle Economy that has been based on HPI and MEW.

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https://registration.ft.com/registration/ba...00779e2340.html

UK bank governor sees risk to asset prices

By Scheherazade Daneshkhu in London

Published: January 16 2006 23:01 | Last updated: January 16 2006 23:01

Mervyn KingMervyn 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.

Looks like Mervyn is turning even more bearish on house prices. Looks like higher IR will be the undoing of the Miracle Economy that has been based on HPI and MEW.

Jan 16th?? more than 3 mths old....

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https://registration.ft.com/registration/ba...00779e2340.html

UK bank governor sees risk to asset prices

By Scheherazade Daneshkhu in London

Published: January 16 2006 23:01 | Last updated: January 16 2006 23:01

Mervyn KingMervyn 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.

Looks like Mervyn is turning even more bearish on house prices. Looks like higher IR will be the undoing of the Miracle Economy that has been based on HPI and MEW.

Looks like you're struggling to find stories.

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Jan 16th?? more than 3 mths old....

Yes it is--SAT--it was bundled with today's releases. I wish they would stop doing that! They also repeated the artcile on job losses forcing some to sell houses in the Midlands.

Looks like you're struggling to find stories.

It is a terror from the recent past that still dangles the sword of Damocles over those who did not get out in time!

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https://registration.ft.com/registration/ba...00779e2340.html

UK bank governor sees risk to asset prices

By Scheherazade Daneshkhu in London

Published: January 16 2006 23:01 | Last updated: January 16 2006 23:01

Mervyn KingMervyn 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.

Looks like Mervyn is turning even more bearish on house prices. Looks like higher IR will be the undoing of the Miracle Economy that has been based on HPI and MEW.

Whos was the cleverest?

Its a silly game between.............. Mervyn King, that Geenspan bloke and other obviously very very clever economists..............., well the best this world can offer anyway, to see who was right. They all say there is a threat to the price of asset values and interest rates will go up.......um they are very likely to be right, but the important question who will get the credit? answer; he who says it the most. I think Mervyn is in 3rd or 4th spot.

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  • 301 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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