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May's Brexit Speech

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Re: May's Brexit Speech

Postby Londonrake » Thu Jan 26, 2017 9:48 pm

Labour are planning to table 4 amendments to the bill. I imagine there will actually be more words in those than the target. :lol: :lol: :lol: This, of course, is to try and make the point that they are "relevant". :lol: Corbyn has more problems because yet another Shadow Minister has resigned (anyone managing to keep score?) over his intention to impose a 3 line whip.

The SNP have now decided that their 50 amendments seem infantile (there's that word again!) so they have changed it to 60. That of course is because they want their 8% of the UK's population to dictate its priority needs. Bearing in mind of course that over a million of them voted to leave the EU (they are represented by a single Conservative MP at Holyrood). At least they are up front. The amendments are designed to try and stop Brexit. Any sign of that second "once in a generation" referendum. :lol: up there?
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Re: May's Brexit Speech

Postby Londonrake » Fri Jan 27, 2017 11:55 am

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Re: May's Brexit Speech

Postby Paphitis » Sat Jan 28, 2017 2:27 am

Robin Hood wrote:Yesterday the pound rose against all the major currencies including the Euro. The Euro was up against the dollar. In my view this says the dollar is dropping in value and the pound is increasing in value. Following the comments on here, this rise must of course mean that this is all due to Brexit ! :roll: :lol: :lol:

The drop in the dollar is not surprising as Trump has said it is over valued but the US stock market is at an all time high. :|


The USD is actually going up along with the Dow Jones and NASDAQ which have broken through to new records and uncharted territory.

Expect that to continue too because Trump plans to slash Company Tax. Corporations get a windfall. The big end of town. Now, the big question is, will that translate to anything for the average American worker? That remains to be seen.

You can also see that the USD has been strengthening against the EURO since Trump was elected in NOV 2016.

The general business sentiment is actually very positive because of Trump. It's also very risky high stake economics policy which can screw up the world economy entirely, and that will screw america in due course. you can't have EU, or China go down because that brings down japan too, and in turn will bring USA down as the globe enters a recession of unprecedented scale. How it goes is anyone's guess.

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Re: May's Brexit Speech

Postby Paphitis » Sat Jan 28, 2017 2:34 am

But just to shock the plebs. A strong USD is not favorable to the US Economy. That is the thing trump fails to explain. if he introduces tariffs on foreign imports, then what is to stop those countries placing tariffs on US products and services? It's a double edged sword here.

USA is an export country and the lower the USD the better, generally speaking.
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Re: May's Brexit Speech

Postby Tim Drayton » Sat Jan 28, 2017 9:37 am

Paphitis wrote:
Robin Hood wrote:Yesterday the pound rose against all the major currencies including the Euro. The Euro was up against the dollar. In my view this says the dollar is dropping in value and the pound is increasing in value. Following the comments on here, this rise must of course mean that this is all due to Brexit ! :roll: :lol: :lol:

The drop in the dollar is not surprising as Trump has said it is over valued but the US stock market is at an all time high. :|


The USD is actually going up along with the Dow Jones and NASDAQ which have broken through to new records and uncharted territory.

Expect that to continue too because Trump plans to slash Company Tax. Corporations get a windfall. The big end of town. Now, the big question is, will that translate to anything for the average American worker? That remains to be seen.

You can also see that the USD has been strengthening against the EURO since Trump was elected in NOV 2016.

The general business sentiment is actually very positive because of Trump. It's also very risky high stake economics policy which can screw up the world economy entirely, and that will screw america in due course. you can't have EU, or China go down because that brings down japan too, and in turn will bring USA down as the globe enters a recession of unprecedented scale. How it goes is anyone's guess.

Image


My theory is that the Dow and most stock exchange index charts are on the fifth Elliot wave. If I'm right, a pretty major fall is coming, although there may be more upside until the wave is finished. The reason for the fall will just be technical, but Trump will get a lot of the blame, anyway. That makes me smile.
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Re: May's Brexit Speech

Postby Paphitis » Sat Jan 28, 2017 10:22 am

Tim Drayton wrote:
Paphitis wrote:
Robin Hood wrote:Yesterday the pound rose against all the major currencies including the Euro. The Euro was up against the dollar. In my view this says the dollar is dropping in value and the pound is increasing in value. Following the comments on here, this rise must of course mean that this is all due to Brexit ! :roll: :lol: :lol:

The drop in the dollar is not surprising as Trump has said it is over valued but the US stock market is at an all time high. :|


The USD is actually going up along with the Dow Jones and NASDAQ which have broken through to new records and uncharted territory.

Expect that to continue too because Trump plans to slash Company Tax. Corporations get a windfall. The big end of town. Now, the big question is, will that translate to anything for the average American worker? That remains to be seen.

You can also see that the USD has been strengthening against the EURO since Trump was elected in NOV 2016.

The general business sentiment is actually very positive because of Trump. It's also very risky high stake economics policy which can screw up the world economy entirely, and that will screw america in due course. you can't have EU, or China go down because that brings down japan too, and in turn will bring USA down as the globe enters a recession of unprecedented scale. How it goes is anyone's guess.

Image


My theory is that the Dow and most stock exchange index charts are on the fifth Elliot wave. If I'm right, a pretty major fall is coming, although there may be more upside until the wave is finished. The reason for the fall will just be technical, but Trump will get a lot of the blame, anyway. That makes me smile.


Stock market crashes are cyclic. they aren't even a big deal as they tend to recover quickly.

I am hoping Trump makes a good go of it. he is riding a wave of populism.

Let's give him a chance and see what he does.

I acknowledge though that he is very dangerous, but not nearly as dangerous as Pootin is. With those 2 idiots, the world is headed for a new Nuclear Arms race. The sobering thought is that according to Gorbachev, the USA and Russia are preparing for war. I don't share that doomsday scenario, but with these egos now in charge I can't categorically rule it out either.

Dangerous times ahead.
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Re: May's Brexit Speech

Postby Tim Drayton » Sat Jan 28, 2017 12:43 pm

Well, I've sold out and gone 100% cash. Don't say I didn't tell you.
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Re: May's Brexit Speech

Postby miltiades » Sat Jan 28, 2017 2:36 pm

Paphitis wrote:
Tim Drayton wrote:
Paphitis wrote:
Robin Hood wrote:Yesterday the pound rose against all the major currencies including the Euro. The Euro was up against the dollar. In my view this says the dollar is dropping in value and the pound is increasing in value. Following the comments on here, this rise must of course mean that this is all due to Brexit ! :roll: :lol: :lol:

The drop in the dollar is not surprising as Trump has said it is over valued but the US stock market is at an all time high. :|


The USD is actually going up along with the Dow Jones and NASDAQ which have broken through to new records and uncharted territory.

Expect that to continue too because Trump plans to slash Company Tax. Corporations get a windfall. The big end of town. Now, the big question is, will that translate to anything for the average American worker? That remains to be seen.

You can also see that the USD has been strengthening against the EURO since Trump was elected in NOV 2016.

The general business sentiment is actually very positive because of Trump. It's also very risky high stake economics policy which can screw up the world economy entirely, and that will screw america in due course. you can't have EU, or China go down because that brings down japan too, and in turn will bring USA down as the globe enters a recession of unprecedented scale. How it goes is anyone's guess.

Image


My theory is that the Dow and most stock exchange index charts are on the fifth Elliot wave. If I'm right, a pretty major fall is coming, although there may be more upside until the wave is finished. The reason for the fall will just be technical, but Trump will get a lot of the blame, anyway. That makes me smile.


Stock market crashes are cyclic. they aren't even a big deal as they tend to recover quickly.

I am hoping Trump makes a good go of it. he is riding a wave of populism.

Let's give him a chance and see what he does.

I acknowledge though that he is very dangerous, but not nearly as dangerous as Pootin is. With those 2 idiots, the world is headed for a new Nuclear Arms race. The sobering thought is that according to Gorbachev, the USA and Russia are preparing for war. I don't share that doomsday scenario, but with these egos now in charge I can't categorically rule it out either.

Dangerous times ahead.

Make your mind up mate, is he a ...breath of fresh air or an idiot, you got me all ...confused now !
Didn't you say a month ago that :

"Pure friggin genius. A breath of fresh air.

Always telling it the way it was suppose to be told, unlike all the rest who are taking the piss! 8)

I strongly advocate for everyone to look at his twitter account to see this great man in action.""

From being a ...great man now he is demoted to an idiot :lol: :lol:
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Re: May's Brexit Speech

Postby Robin Hood » Sat Jan 28, 2017 2:58 pm

Tim Drayton wrote:Well, I've sold out and gone 100% cash. Don't say I didn't tell you.


You're in the sh*t if the banks decided to go cashless then? And it is very rapidly going that way! You then have to justify where you got any money from over a certain amount to pay it back into the bank because no one will accept cash. Won't affect me as I am not rich .... but I gather all the rich people, especially celebrities and footballers, are beginning to get a bit hot under the collar. :roll:
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Re: May's Brexit Speech

Postby Tim Drayton » Sat Jan 28, 2017 3:55 pm

Robin Hood wrote:
Tim Drayton wrote:Well, I've sold out and gone 100% cash. Don't say I didn't tell you.


You're in the sh*t if the banks decided to go cashless then? And it is very rapidly going that way! You then have to justify where you got any money from over a certain amount to pay it back into the bank because no one will accept cash. Won't affect me as I am not rich .... but I gather all the rich people, especially celebrities and footballers, are beginning to get a bit hot under the collar. :roll:


That's not what it means in this context.
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