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Realistbear

U S Gdp Announced 0.6%

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THings are going to get grim from here on.

FTSE 100 (FSI:^FTSE)

Index Value: 5,968.70

Trade Time: 4:04PM

Change: 107.80 (1.77%)

Prev Close: 6,076.50

Open: 6,076.50

Day's Range: 5,968.70 - 6,090.80

52wk Range: 5,338.70 - 6,751.70

Really grim.

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Invest in US paper & ink manufacturers.

UK ones will do as well. Brown is printing faster than any G8 nation. Sterling just hit a record low vs. the Euro:

GBPEUR=X 1 28 Feb 1.3100

TBH I think we are headed into some serious deflation as the credit crunch will reign in spending forcing prices down accross the board. I have always said the US would head into recession as there is no way to avoid one when you consider we are having the largest GLOBAL crash in house prices ever recorded.

1.29 to the Euro by the end of trading today?

Edit: Just broke 1.31:

GBPEUR=X 1 28 Feb 1.3098

Look out below!!!!

Edited by Realistbear

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  • 295 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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