Ha. Yeah. When things start to point towards the obvious and inevitable, it must be the fault of all those who told you so.
The majority of business is running scared and that's what this figure represents.
We shall certainly revisit the FTSE figures at a later date.
'Dramatic deterioration' in UK business activity
Posted at
09:32
Chris Williamson, chief economist at Markit, said:
July saw a dramatic deterioration in the economy, with business activity slumping at the fastest rate since the height of the global financial crisis in early-2009. The...
The "everything is just rosey" brigade won't mention the markets today, because they're slightly down.
Is it the end of the world to drop a bit? No. But does a slight rise mean the underlying economy is fine? No.
The more post-referendum information that comes out, the further they will...
You didn't give any context. That was your full post.
Just because someone disagrees with you, it does not mean they necessarily want economic meltdown. Just as you disagreeing with me does not necessarily make you a sun-reading, leave-voting, farrage-loving, xenophobic ****.
Your point was...
Another one who understands the markets.
5600 for the FTSE100 I expect. Hard to be certain due to currency swings but, yeah, those are ballpark numbers that I'd look at.
I will enjoy the excellent buying opportunity when it drops, yeah.
The FTSE250 was up slightly today (as it was yesterday). Mainly because of the pound bounce following confirmation of the new PM. Also due to May's statement that she will not trigger article 50 until next year.
As I said on the first page: check again on December 31st once second/third quarter...