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I'll have a 10p wager with you that Mordaunt will be the prime minister fighting this years election especially as a John Curtice has predicted that they only have a 1% chance of winning. How much difference she would make to the Tory vote is anyones guess.
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UK economy Hokey Cokey strikes again on 07:37 - Mar 28 with 1244 views
UK economy Hokey Cokey strikes again on 07:32 - Mar 28 by gtsb1966
I'll have a 10p wager with you that Mordaunt will be the prime minister fighting this years election especially as a John Curtice has predicted that they only have a 1% chance of winning. How much difference she would make to the Tory vote is anyones guess.
But will she stand up and fight ?
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UK economy Hokey Cokey strikes again on 10:04 - Mar 28 with 1043 views
UK economy Hokey Cokey strikes again on 07:59 - Mar 28 by Keno
Harsh I thought I posted that quite well
Yep, I thought about adding a qualifier when I posted that the clip was aimed at the Conservatives and not Keno but then I thought I would see if you rose to the bait...knowing full well that you would go the whole Conor Sammon.
UK economy Hokey Cokey strikes again on 07:32 - Mar 28 by gtsb1966
I'll have a 10p wager with you that Mordaunt will be the prime minister fighting this years election especially as a John Curtice has predicted that they only have a 1% chance of winning. How much difference she would make to the Tory vote is anyones guess.
She wouldn't make any difference to the outcome that's certain.
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UK economy Hokey Cokey strikes again on 19:24 - Mar 28 with 832 views
UK economy Hokey Cokey strikes again on 19:24 - Mar 28 by TractorWood
FTSE is approaching 8,000 so outlook, including change of Gov appear reasonable.
Technicality of recession or not is pretty meaningless, it is perfect corroboration to starting to bring base down a bit.
Outlook is pretty good IMHO.
FTSE100 is more an indicator of global outlook, and has been flying on the back of record profits for multinationals and a weak pound (since most of them trade heavily in USD). The index is also dominated by mining and commodity firms which have benefited from strong commodity prices.
FTSE250 is a better marker for the UK economy and is trading well below its record cap as SME’s have struggled with the impact of inflation. Last year saw the highest rate of UK business failure since the GFC in 2009. The BoE have forecast the base rate to still be over 4% by the end of the year, personally I think it’s still going to be at best incredibly weak growth this year.
UK economy Hokey Cokey strikes again on 20:06 - Mar 28 by SuperKieranMcKenna
FTSE100 is more an indicator of global outlook, and has been flying on the back of record profits for multinationals and a weak pound (since most of them trade heavily in USD). The index is also dominated by mining and commodity firms which have benefited from strong commodity prices.
FTSE250 is a better marker for the UK economy and is trading well below its record cap as SME’s have struggled with the impact of inflation. Last year saw the highest rate of UK business failure since the GFC in 2009. The BoE have forecast the base rate to still be over 4% by the end of the year, personally I think it’s still going to be at best incredibly weak growth this year.
Tech and AI revolution are leading the charge globally ie magnificent 7.
Some of the previously out of favour blue chips like Rolls Royce (which has been utterly phenomenal for lots of people), Barclays and Aviva are starting to creep towards a more realistic value. TBH I don't dabble outside of the blue chips. Prudential is the only equity I think is materially undervalued beyond the embedded under valuation of the FTSE. Vodafone maybe if MDV is finally sorting it out.
Agree on 2024, albeit outlook is far improved though which is leading to higher forward projections.