F T S E Falling

[Canary42]

FTSE plunging - City obviously losing confidence in A Liz in Blunderland.

[youngmafbog]

Its been going up and down for months, but dont let that get in the way of your prejudices.

FTSE is not the best measure of the economy and also should be viewed over long periods.

Plenty of day traders living on the benches of the Thames,

[FatticusInch]

Ah well, it’s only for another 18 months, give it take.

[bednobs]

sounds like ther ehas been a really sharp fall today

[Ellipsis]

The pound is down to $1.10 something ... traders aren't convinced that these tax cuts are properly thought through.

[douglas9401]

Maybe not a fall but a strategic lower rung positioning strategy. :-)

[FatticusInch]

*give or take

[Peter Pedant]

.Plenty of day traders living on the benches of the Thames,
this is so delphic it cd be part of a Nostradamus quatrain

de nombreux négociants en or vivent sur les rives du fleuve

benches of the Thames - not very successful day traders then hur hur hur

with my nostradamus cap on I have taken it as - banks
erm less delphic then

[Peter Pedant]

Last time it occurred was 1972 Anthony Barber
and was creditted with the inflation of 30% at the end of the decade which Thatcher had to solve

Barber really DID do a budget calcuation using matches....

[gulliver1]

Is Norman Lamont's Black Wednesday going to be replaced by Kwasi Kwarteng's, Black friday ?
And I am not being racist.

[douglas9401]

Black Fridays matter

[Ellipsis]

Was that a budget? Well it was at least a Kwasi-budget ...

[Peter Pedant]

how far did it fall - the FTSE silly?

and how long will it be before it is a "kwarteng" of what it was
haw haw haw

[Peter Pedant]

minus 2 per cent
150 pts give or take a flaming bambini

[Old_Geezer]

They are nervous about the government strategy as to what it may mean to their money gathering plans. Fair enough, it's got it's risks, but ultimately it will be results that determine it's worth, not investors' risk adverse attitude.

If you wish to criticise the mini budget there's more milage in the lack of help for the poorest in society, and concentration of good news for the wealthy, particularly bankers gettings bonuses.

[FatticusInch]

Nervous?
The figures show they’re positively damning about it because it’s a recipe for disaster, even the Tories know it.

[davebro]

so keeping Boris woulda been better?

[FatticusInch]

davebro
//so keeping Boris woulda been better?//

Politicians who lie repeatedly but especially about predatory sex pests don’t last long in any job tbh.
I’m amazed he lasted as long as he did.

[gulliver1]

09.13 "So keeping Boris woulda been better" NO !
He helped cause the problem.

[naomi24]

So if you prefer this, Gulliver, wguch yiu cjearly do, what are you moshing about? You can’t have it both ways.

[naomi24]

Moshing? ‘Moaning’. Little keyboard.