tuggybear Posted March 28, 2008 Share Posted March 28, 2008 (edited) The Bank of England may be forced copy the Federal Reserve's lead and make dramatic interest rate cuts as Britain falls victim to a US-style slump, say experts at Lehman Brothers. It's higher than BoE 1 in 10 odds. I would put it closer to 99%, (not as bearish as Cgnao). Read On : http://www.telegraph.co.uk/money/main.jhtm...cnrecess128.xml Edited March 28, 2008 by tuggybear Quote Link to comment Share on other sites More sharing options...
tuggybear Posted March 28, 2008 Author Share Posted March 28, 2008 I think a dramatic cut in interest rates will happen, now BoE are finally up to speed of the situation. Quote Link to comment Share on other sites More sharing options...
A.steve Posted March 28, 2008 Share Posted March 28, 2008 (edited) I think a dramatic cut in interest rates will happen, now BoE are finally up to speed of the situation. Codswollop. Not this year, at least. No more than 0.5% this year (or 0.75% in the event of an entirely unforseeable crisis) I anticipate only 0.25%. N.B. Even if this happens, retail rates won't drop... since risk premia will more than cancell the reduced cost of bank borrowing. Edited March 28, 2008 by A.steve Quote Link to comment Share on other sites More sharing options...
Dubai Posted March 28, 2008 Share Posted March 28, 2008 WTF do Leham Brothers know? They're about to go bankrupt. Quote Link to comment Share on other sites More sharing options...
crudeFool Posted March 28, 2008 Share Posted March 28, 2008 WTF do Leham Brothers know? They're about to go bankrupt. Careful - you'll have the FSA after you for spreading malicious rumours crude. Quote Link to comment Share on other sites More sharing options...
Guest grumpy-old-man Posted March 28, 2008 Share Posted March 28, 2008 WTF do Leham Brothers know? They're about to go bankrupt. certainly makes for an interesting weekend of speculation & more FED bailouts, although this would be on a huge scale (or so I have read about an hour ago). Quote Link to comment Share on other sites More sharing options...
VedantaTrader Posted March 28, 2008 Share Posted March 28, 2008 I find it hard to take seriosuly any of these investment banks, Merril ,Citi, lehman etc etc. Britain is in a recession. These investments banks have vested interests. They always want you to invest. Look at history. No investement bank has ever said, no we think this market is going to crash, we dont want your money. FACT: Research showed that in 2001 Merrill Lynchs stock recommendations to its clients were 99.4% BUYS. When the market was in freefall at 5500 in 2002/2003, all investment companies were telling my father to buy stocks. Quote Link to comment Share on other sites More sharing options...
Leonard Hatred Posted January 23, 2009 Share Posted January 23, 2009 Well, it looks like the horse came in at 3/1 Quote Link to comment Share on other sites More sharing options...
Gone baby gone Posted January 23, 2009 Share Posted January 23, 2009 I think Lehman Brothers have shown us why they were the first big domino to fall. Quote Link to comment Share on other sites More sharing options...
KingBingo Posted January 23, 2009 Share Posted January 23, 2009 FACT: Research showed that in 2001 Merrill Lynchs stock recommendations to its clients were 99.4% BUYS. When the market was in freefall at 5500 in 2002/2003, all investment companies were telling my father to buy stocks. While true, there is a self selecting bias in that. Analysts tend not to cover bad stocks. Often the assumption is that given you have chosen to invest these are the notes on the companies we believe will make good investments. Yet this can become twisted certainly into, you should be investing as a point by itself. Quote Link to comment Share on other sites More sharing options...
MSWHPC Posted January 23, 2009 Share Posted January 23, 2009 Well, it looks like the horse came in at 3/1 slow keyboard clay? Quote Link to comment Share on other sites More sharing options...
tuggybear Posted January 23, 2009 Author Share Posted January 23, 2009 Wow, does this make me a prophet? NO I was just stating the bl00dy obvious. Quote Link to comment Share on other sites More sharing options...
bobthe~ Posted January 23, 2009 Share Posted January 23, 2009 While true, there is a self selecting bias in that. Analysts tend not to cover bad stocks. Often the assumption is that given you have chosen to invest these are the notes on the companies we believe will make good investments. Yet this can become twisted certainly into, you should be investing as a point by itself. I think there is a bit of self-selecting bias here as well. Look at that obama post ressurrected for instance. I bet there were threads saying Hillary is a shoo in, or for McCain as well. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted January 23, 2009 Share Posted January 23, 2009 WTF do Leham Brothers know? They're about to go bankrupt. Perhaps one bankrupt can spot another? Quote Link to comment Share on other sites More sharing options...
GregG Posted January 23, 2009 Share Posted January 23, 2009 Codswollop. Not this year, at least. No more than 0.5% this year (or 0.75% in the event of an entirely unforseeable crisis) I anticipate only 0.25%. Ouch! N.B. Even if this happens, retail rates won't drop... since risk premia will more than cancell the reduced cost of bank borrowing. Half Ouch! Quote Link to comment Share on other sites More sharing options...
happy_renting Posted January 23, 2009 Share Posted January 23, 2009 I think there is a bit of self-selecting bias here as well.Look at that obama post ressurrected for instance. I bet there were threads saying Hillary is a shoo in, or for McCain as well. Can I be the last to say that McCain will be a shoo-in. Must go, I have to go buy a house now. Quote Link to comment Share on other sites More sharing options...
crash2006 Posted January 23, 2009 Share Posted January 23, 2009 WTF do Leham Brothers know? They're about to go bankrupt. they did lol. Quote Link to comment Share on other sites More sharing options...
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