(July 12, 2016 at 2:07 pm)Napoléon Wrote:(July 12, 2016 at 10:56 am)Minimalist Wrote: So the DOW and the S&P 500 have set new record highs in the last two days. It seems that we have moved on and left you Brits to your fate.
Oooohhh lines on a graph, compelling.
Look at these ones:
https://www.google.co.uk/webhp?sourceid=...ftse%20100
https://www.google.co.uk/webhp?sourceid=...ftse%20250
The FTSE 250 is the same as what it was 3 months ago. The FTSE 100 is doing better than what it was 3 months ago. You look at the DOW, and both FTSE's over a 5 year span and they're trending about the same.
See what you wanna see Minnie.
The FTSE 250 is still five hundred points below what it was the day of the referendum three weeks ago. Just because it bounced somewhat it doesn't mean that all the pension money wiped by the crash is back, that money is gone. Oh, and the markets will yo-yo for a good long while, wait to see what the economic performance markers are like (the actual numbers won't be out for a few years yet).
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