[–] Landrictree 0 points 1 point 1 point (+1|-0) ago
Always do the opposite of what the jew tells you.
[–] irelandLost 0 points 1 point 1 point (+1|-0) ago
Only the “experts” in papers and on TV. The actual experts have never really indicated they thought Brexit would be economically negative. For example, the GBP yield curve inverted a few months back alongside the USD curve. No Eurozone curves inverted at that time (negative interest rates play an important role obviously, but then negative interest rates tell their own tale). Any clown can proclaim their expertise and waffle on, people willing to put their money where their mouth is display conviction in their self proclaimed expertise at least.
[–] OneOfTheBoys 1 point 2 points 3 points (+3|-1) ago
Doesn't matter. It's the sense of certaincy either way that makes stock markets pretty much always rise after an election, no matter the result.
[–] [deleted] 3 points -1 points 2 points (+2|-3) ago
[–] analfaveto [S] 0 points 3 points 3 points (+3|-0) ago
Are you trying to tell me the FTSE 250 would have jumped 4 points with a Corbyn victory? Are you trying to tell me 24 hours ago everybody knew the FTSE 250 would jump 4 points today no matter who won but nobody bothered to rush and buy a few FTSE 250 shares or calls? How interesting. I suppose that's the end of the efficient market hypothesis then.
[–] OneOfTheBoys ago (edited ago)
Maybe not exactly but it would have rose similarly yes.
Are you trying to tell me 24 hours ago everybody knew the FTSE 250 would jump 4 points today no matter who won but nobody bothered to rush and buy a few FTSE 250 shares or calls?
No because people are idiots. Go do it the day before next election if you wanna make some money.
[–] irelandLost 0 points 1 point 1 point (+1|-0) ago
It’s not the end of the efficient market because a hung parliament would have caused a drop. Markets like certainty, OneOfTheBoys is correct, this happens every election in parliamentary systems (not so much in systems like the US because certainty is inevitable no matter the outcome).
[–] TooMuchCoffeeMan ago
Its not rly what the market does now though. Everything has potential to earn shortterm. Even bad news. History has proven this many times. Its how its gonna be in 10 yrs is what people are going to notice. Stockmarkets only make the jews and billionaires rich. For the rest it doesnt say anything about wealth of its inhabitants.
Everyone keeps speculating. But this needs time to say something based on facts and not hype.