| Gilt markets at breaking point 17:26 - Nov 6 with 8186 views | onceablue |
Didn’t take long for the Labour market to ruin the economy
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| Gilt markets at breaking point on 16:52 - Nov 7 with 2145 views | GlasgowBlue |
| Gilt markets at breaking point on 12:38 - Nov 7 by StokieBlue |
Gilts are down today.
He will be back tomorrow if they are up again. Facts aren't really important to him, just partisanship and ideology.
SB |
Cheer up Stokie. Life is too short to be so fcuking miserable. |  |
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| Gilt markets at breaking point on 16:59 - Nov 7 with 2119 views | StokieBlue |
| Gilt markets at breaking point on 16:52 - Nov 7 by GlasgowBlue |
Cheer up Stokie. Life is too short to be so fcuking miserable. |
I'm not miserable, not entirely sure how you got that from my post unless that is what you were looking for.
Why don't you focus your efforts on asking zapers to stop trolling the forum or ask him to actually engage with questions put to him by numerous posters.
SB |  | | |
| Gilt markets at breaking point on 17:36 - Nov 7 with 2036 views | The_Flashing_Smile |
| Gilt markets at breaking point on 16:52 - Nov 7 by GlasgowBlue |
Cheer up Stokie. Life is too short to be so fcuking miserable. |
Wow, what a brilliant response this is. Shows you've been found out if that's the best you can do. Embarrassing really, you used to at least try to defend and debate.
Just to be clear, I'm not miserable either. |  |
| Trust the process. Trust Phil. |
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| Gilt markets at breaking point on 17:46 - Nov 7 with 2002 views | GlasgowBlue |
| Gilt markets at breaking point on 16:59 - Nov 7 by StokieBlue |
I'm not miserable, not entirely sure how you got that from my post unless that is what you were looking for.
Why don't you focus your efforts on asking zapers to stop trolling the forum or ask him to actually engage with questions put to him by numerous posters.
SB |
Well I found it very odd that you launched a full scale attack on me by saying "He will be back tomorrow if they are up again. Facts aren't really important to him, just partisanship and ideology" when I simply stated that gilts are edging toward Truss levels when they are.
And I'm not Zappers keeper. I've barely posted on here today so have no idea what he is supposed to have done. | |
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| Gilt markets at breaking point on 17:57 - Nov 7 with 1966 views | positivity |
| Gilt markets at breaking point on 17:46 - Nov 7 by GlasgowBlue |
Well I found it very odd that you launched a full scale attack on me by saying "He will be back tomorrow if they are up again. Facts aren't really important to him, just partisanship and ideology" when I simply stated that gilts are edging toward Truss levels when they are.
And I'm not Zappers keeper. I've barely posted on here today so have no idea what he is supposed to have done. |
could be wrong, but think that was aimed at zap, rather than you.
i've also managed to respond to the wrong post before... | |
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| Gilt markets at breaking point on 18:08 - Nov 7 with 1923 views | GlasgowBlue |
| Gilt markets at breaking point on 17:57 - Nov 7 by positivity |
could be wrong, but think that was aimed at zap, rather than you.
i've also managed to respond to the wrong post before... |
It seems clear to me.
I posted yesterday” We're not far from Truss levels are we? Got to feel sorry for people with mortgages.”
Dolly relied to my post today “ If it's as bad as you're saying, why is there nothing on the news about it? All I can see on the BBC news website re our economy is a cut in the interest rates.”
Stockie replied to Dolly “ Gilts are down today. He will be back tomorrow if they are up again. Facts aren't really important to him, just partisanship and ideology. SB” | |
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| Gilt markets at breaking point on 18:08 - Nov 7 with 1926 views | StokieBlue |
| Gilt markets at breaking point on 17:46 - Nov 7 by GlasgowBlue |
Well I found it very odd that you launched a full scale attack on me by saying "He will be back tomorrow if they are up again. Facts aren't really important to him, just partisanship and ideology" when I simply stated that gilts are edging toward Truss levels when they are.
And I'm not Zappers keeper. I've barely posted on here today so have no idea what he is supposed to have done. |
I see what's happened.
I actually meant zapers, I thought that was who he was replying to given he had been the one stirring it up. I missed it was a reply to you.
SB | | | |
| Gilt markets at breaking point on 18:37 - Nov 7 with 1823 views | GlasgowBlue |
| Gilt markets at breaking point on 18:08 - Nov 7 by StokieBlue |
I see what's happened.
I actually meant zapers, I thought that was who he was replying to given he had been the one stirring it up. I missed it was a reply to you.
SB |
No problem SB. I should have assumed that and not thought the worst. Apologies for snapping at you. | |
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| Gilt markets at breaking point on 18:45 - Nov 7 with 1794 views | Dubtractor |
| Gilt markets at breaking point on 18:37 - Nov 7 by GlasgowBlue |
No problem SB. I should have assumed that and not thought the worst. Apologies for snapping at you. |
Just for clarity, I had assumed it was a reply to Zapers too, hence my uppy.
I don't agree with plenty you post on here, but don't have any issue with you! |  |
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| Gilt markets at breaking point on 08:32 - Nov 8 with 1553 views | The_Flashing_Smile |
| Gilt markets at breaking point on 18:37 - Nov 7 by GlasgowBlue |
No problem SB. I should have assumed that and not thought the worst. Apologies for snapping at you. |
This is all lovely but we still have the issue of you claiming "We're not far from Truss levels", Stokers disputing that, and me yet to see evidence either way.
I said I'd seen nothing on the BBC news about it and still haven't, so where is your evidence that "We're not far from Truss levels"? I'd have thought that would be all over the news if that were true? | |
| Trust the process. Trust Phil. |
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| Gilt markets at breaking point on 08:59 - Nov 8 with 1480 views | BanksterDebtSlave |
| Gilt markets at breaking point on 08:32 - Nov 8 by The_Flashing_Smile |
This is all lovely but we still have the issue of you claiming "We're not far from Truss levels", Stokers disputing that, and me yet to see evidence either way.
I said I'd seen nothing on the BBC news about it and still haven't, so where is your evidence that "We're not far from Truss levels"? I'd have thought that would be all over the news if that were true? |
Fill your boots...Truss was September 22
https://markets.ft.com/data/bonds/tearsheet/charts?s=UK10YG |  |
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| Gilt markets at breaking point on 09:01 - Nov 8 with 1482 views | DanTheMan |
| Gilt markets at breaking point on 08:32 - Nov 8 by The_Flashing_Smile |
This is all lovely but we still have the issue of you claiming "We're not far from Truss levels", Stokers disputing that, and me yet to see evidence either way.
I said I'd seen nothing on the BBC news about it and still haven't, so where is your evidence that "We're not far from Truss levels"? I'd have thought that would be all over the news if that were true? |
As far as I can tell he's not wrong.
You're looking at Sept 2022 for the spike if I'm getting my dates right.
https://www.ajbell.co.uk/articles/investmentarticles/282156/what-s-happening-uk-
That said, as with all things economics, you can't just point at one thing, there's way more to it that just the price of gilts. It's all about context. |  |
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| Gilt markets at breaking point on 09:03 - Nov 8 with 1460 views | Zapers |
Of course GB is not wrong | | | |
| Gilt markets at breaking point on 09:13 - Nov 8 with 1433 views | Lamp |
As usual with all of these things let's not take a window where we have had historically low interest rates and look at a longer term picture. Gilt yields are currently at the average level they were at pre the global financial collapse and lower than the 20 years preceding it.
https://tradingeconomics.com/united-kingdom/government-bond-yield
The problem with what Truss did was that the increase was so dramatic - mortgages rates were always going to rise but her catastrophic economics meant the increase was that much sharper for a lot of people at a time when they were already facing high utility bill increases. |  | | |
| Gilt markets at breaking point on 09:14 - Nov 8 with 1424 views | BanksterDebtSlave |
| Gilt markets at breaking point on 09:03 - Nov 8 by Zapers |
Of course GB is not wrong |
But then again if you look at the general trend, except for the Truss spike it was broadly upwards until August 23 since when it has flatlined. | |
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| Gilt markets at breaking point on 09:26 - Nov 8 with 1372 views | DanTheMan |
| Gilt markets at breaking point on 09:03 - Nov 8 by Zapers |
Of course GB is not wrong |
He's not, but as someone else pointed out and I alluded to, taking one statistic and running with it is missing the bigger picture. Even if you just take that particular graph, you can see the absolutely rapid increase on gilts for the Truss plan which is different. | |
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| Gilt markets at breaking point on 09:42 - Nov 8 with 1312 views | positivity |
| Gilt markets at breaking point on 09:26 - Nov 8 by DanTheMan |
He's not, but as someone else pointed out and I alluded to, taking one statistic and running with it is missing the bigger picture. Even if you just take that particular graph, you can see the absolutely rapid increase on gilts for the Truss plan which is different. |
the graph is showing that truss's budget caused the gilt yield to double, whereas it's risen slightly (from 4 to 4.5, 12.5%) since reeves' to almost as high as it was under hunt.
glasgow is correct, but not sure this is significant? | |
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| Gilt markets at breaking point on 09:57 - Nov 8 with 1270 views | DanTheMan |
| Gilt markets at breaking point on 09:42 - Nov 8 by positivity |
the graph is showing that truss's budget caused the gilt yield to double, whereas it's risen slightly (from 4 to 4.5, 12.5%) since reeves' to almost as high as it was under hunt.
glasgow is correct, but not sure this is significant? |
I agree, and it also answers Flash's point about why it's not in the news.
It's not in the news because it wasn't the high that was the issue but the rapid increase in a short period. | |
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| Gilt markets at breaking point on 10:10 - Nov 8 with 1228 views | The_Flashing_Smile |
| Gilt markets at breaking point on 09:57 - Nov 8 by DanTheMan |
I agree, and it also answers Flash's point about why it's not in the news.
It's not in the news because it wasn't the high that was the issue but the rapid increase in a short period. |
Thanks all (except Zapers). Context and the bigger picture, as always, are hugely important. | |
| Trust the process. Trust Phil. |
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| Gilt markets at breaking point on 11:41 - Nov 8 with 1134 views | GlasgowBlue |
| Gilt markets at breaking point on 10:10 - Nov 8 by The_Flashing_Smile |
Thanks all (except Zapers). Context and the bigger picture, as always, are hugely important. |
So I was correct. No need to apologise dollers. None of us are perfect. | |
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| Gilt markets at breaking point on 12:23 - Nov 8 with 1093 views | The_Flashing_Smile |
| Gilt markets at breaking point on 11:41 - Nov 8 by GlasgowBlue |
So I was correct. No need to apologise dollers. None of us are perfect. |
Oh behave, Glassers. You know exactly what you did, and I (and everyone else, except maybe Zapers), knows exactly what you did, so who are you kidding? None of us came down in the last shower.
And what exactly do I need to apologise for anyway? I didn't realise asking for more details was something one would need to apologise for. | |
| Trust the process. Trust Phil. |
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| Gilt markets at breaking point on 12:32 - Nov 8 with 1072 views | GlasgowBlue |
| Gilt markets at breaking point on 12:23 - Nov 8 by The_Flashing_Smile |
Oh behave, Glassers. You know exactly what you did, and I (and everyone else, except maybe Zapers), knows exactly what you did, so who are you kidding? None of us came down in the last shower.
And what exactly do I need to apologise for anyway? I didn't realise asking for more details was something one would need to apologise for. |
What part of "We're not far from Truss levels are we?" was incorrect in my post? | |
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| Gilt markets at breaking point on 12:35 - Nov 8 with 1064 views | positivity |
| Gilt markets at breaking point on 12:32 - Nov 8 by GlasgowBlue |
What part of "We're not far from Truss levels are we?" was incorrect in my post? |
none is incorrect, but would've been nice for context if you'd added "nowhere near as big a rise, and still below sunak/hunt levels"! | |
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| Gilt markets at breaking point on 13:26 - Nov 8 with 1010 views | Mullet |
| Gilt markets at breaking point on 09:30 - Nov 7 by DanTheMan |
I don't think Paz was any wing. At best you could describe them as anti-authoritarian. |
An anti intellectual helicopter more like |  |
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| Gilt markets at breaking point on 14:10 - Nov 8 with 960 views | The_Flashing_Smile |
| Gilt markets at breaking point on 12:32 - Nov 8 by GlasgowBlue |
What part of "We're not far from Truss levels are we?" was incorrect in my post? |
Not only was the context that the post you were replying to was "Gilt markets at breaking point...Didn’t take long for the Labour market to ruin the economy" - so your "not far from Truss levels" comment could be taken to mean the economy generally... and you were also deliberately leaving out all the context, nuance and bigger picture of the figures themselves, just to score a political point.
It's like an historian saying UK high street spending was down in 2020 and failing to mention the pandemic.
But anyway, everyone saw through it so you just ended up looking silly. | |
| Trust the process. Trust Phil. |
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