Thursday, Dec 03, 2009

Down we go - wheeeeeeeee

City Wire: Fitch predict possible double dip

Hope you haven't just bought a house :D

Posted by chrisch @ 05:55 PM (2172 views)
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1. will said...

Bad link

Thursday, December 3, 2009 07:12PM Report Comment

2. tenyearstogetmymoneyback said...


Nothing we haven't been predicting for a long time.

Thursday, December 3, 2009 07:19PM Report Comment

3. paul said...

Thursday, December 3, 2009 07:52PM Report Comment

4. britishblue said...

I Have a few friends that own medium size comapnies in this sector (25 mill plus). There has been a noticible tightening by the banks in the last 3-4 weeks. From a public perspective the banks will try and talk the market up, because their balance sheets depend upon it. In private, their actions are showing the opposite.

Thursday, December 3, 2009 09:48PM Report Comment

5. Fallingbuzzard said...

Doubledip is inevitable. Happens in every UK recession. Why? During the fall, actions are taken to stop the fall. This stops the fall and then when the evasive action is removed, the fall that was going to happen restarts. We only talk of doubledip because economists and politicians are obsessed with GDP growth figures. If we focused on absolute real GDP figures, then we'd never really see a double dip, just a continuous fall with one period of slower fall as the government tries to trick financial markets. Tripledip anyone?

Thursday, December 3, 2009 10:19PM Report Comment

6. Bonei1973 said...

Just because Fitch say it's going to happen, doesnt mean it will..... I dont see posts saying "Whheeee up we go", when Stuart Law of Assetz writes a report

Friday, December 4, 2009 10:38AM Report Comment

7. paul said...

Bonei1973, that's because City Wire is a bit more credible than whoever Stuart Law is.

Friday, December 4, 2009 05:57PM Report Comment

8. Harry101 said...

Actually Fitch seem to get it wrong more often

Tuesday, December 8, 2009 07:38AM Report Comment

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