Article fails to mention FTSE100 is now above pre-Brexit levels and FTSE250 has nearly recovered... £ is still down though.
(, Tue 19 Jul 2016, 12:43, Reply)
at least people with money to invest don't think it's the end of the British economy.
(, Tue 19 Jul 2016, 12:51, Reply)
I can't quite understand the pre-negotiation panic. My missus works for Manc Uni and the departments have been told by the Chancellor that budgets will be cut because of Brexit... Seems a bit premature.
(, Tue 19 Jul 2016, 14:32, Reply)
(, Tue 19 Jul 2016, 14:55, Reply)
She'll be too busy slashing feed in tariffs and ignoring reports against fracking.
(, Tue 19 Jul 2016, 15:02, Reply)
And pleasing the general public by bringing back fox hunting for the toffs to enjoy.
(, Tue 19 Jul 2016, 19:10, Reply)
it's almost inevitable.
(, Tue 19 Jul 2016, 21:34, Reply)
The real bloodletting'll happen when Art 50 is invoked.
As for the FTSE being up - well, some companies are. Others are really suffering: the FTSE simply aggregates that, and so hides big differences. Add to that the fact that there will have been people looking for a bargain post-fall (and for shares priced in sterling, there's no shortage...), and it's unsurprising that the market had a bounce.
Whether it's more than a bounce is a different matter entirely.
(, Tue 19 Jul 2016, 21:36, Reply)