UK to leave EU

[Minimalist]

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.

Seems to me as if we got over the Brexit shock with remarkable ease.  Let's see how you guys do in a few years.

[account_inactive]

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.

Seems to me as if we got over the Brexit shock with remarkable ease.  Let's see how you guys do in a few years.

We'll be fine, but thanks for the concern.

[I_am_not_mafia]

We'll be fine

Your reason for thinking this is ...?

[Homeless Nutter]

Seems to me as if we got over the Brexit shock with remarkable ease.  Let's see how you guys do in a few years.

That wasn't the Brexit shock - that was the referendum shock. It's fairly certain, that the markets will take another dip when UK takes the plunge and enacts Article 50. And then probably a few times afterwards, depending on how smoothly negotiations between EU and UK go - especially if other countries decide to also leave EU.

It's going to be a bumpy ride for a while yet, I don't think anyone has doubts about that. Too bad, that at the end of it all next to nothing will have been gained - and that's if we're lucky...

[Expired]

Seems to me as if we got over the Brexit shock with remarkable ease.  Let's see how you guys do in a few years.

That wasn't the Brexit shock - that was the referendum shock. It's fairly certain, that the markets will take another dip when UK takes the plunge and enacts Article 50. And then probably a few times afterwards, depending on how smoothly negotiations between EU and UK go - especially if other countries decide to also leave EU.

It's going to be a bumpy ride for a while yet, I don't think anyone has doubts about that. Too bad, that at the end of it all next to nothing will have been gained - and that's if we're lucky...

More doom and gloom.

[LastPoet]

That won't happen. The rats already left their voters to sink with the ship. I would expect those that lead the campaign of brexit to run for british prime minister. Tut tut, they have other things to do huh?

[I_am_not_mafia]

Or to put it another way, the FTSE companies may be valued the same as they were, but what they are valued in is worth less. So regardless of whether they are more competitive or not, the companies have still tanked.

This is why economists differentiate between real inflation vs nominal inflation for example.

[abaris]

Your reason for thinking this is ...?

Band name as well as song title are rather fitting the occasion.

[I_am_not_mafia]

Only if you take it seriously.

Or did you not watch the video to the end?

Think you were beaten to it Mathida, go back a couple of pages.

OK well it's gone viral. Some great talent by classically trained musicians ...

http://www.classicfm.com/music-news/late...QRx5phx.97
https://www.facebook.com/ClassicFM/ (if the videos don't work for you)


The one by the SATB choir has to be my favourite ...

[pocaracas]