Realistbear Posted April 28, 2006 Share Posted April 28, 2006 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. Quote Link to comment Share on other sites More sharing options...
WSG Posted April 28, 2006 Share Posted April 28, 2006 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.... Quote Link to comment Share on other sites More sharing options...
Time to raise the rents. Posted April 28, 2006 Share Posted April 28, 2006 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. Quote Link to comment Share on other sites More sharing options...
Realistbear Posted April 28, 2006 Author Share Posted April 28, 2006 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! Quote Link to comment Share on other sites More sharing options...
Flat Bear Posted April 28, 2006 Share Posted April 28, 2006 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. Quote Link to comment Share on other sites More sharing options...
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