Off Topic EU deabte. Which way are you voting ?

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How will you vote in the EU referendum ?


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If I remember correctly, that view was expressed by an exec from JP Morgan funds? That's one of the biggest funds in the world.

These guys are not short term speculators on the main - Certainly not like hedge funds. They're more long term investors. I think the guy is genuinely calling it as he sees it!

Same company that said the UK must join the Euro or face ruin?
 
You guys do realise the rally in the ftse 100 is because the listed multinationals hold most of their assets in dollars but are valued in sterling, right? Hence the weakness of the pound vs the dollar conflates the value of the listed companies.

Have a look at the ftse 250 for a better indication of business confidence in UK PLC.
 
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Its worked for the UK for 100s of years.

No GE will happen until after a full Brexit, that you can count on.

C'mon now Custard the EU has worked for many years but you didn't want that. <whistle>

At least with the American election you have a VP so you vote knowing who will take over the system here is a farce with un unelected MP now taking over, it's not right.
 
No offence fella but I think that's bollocks. I was at a do last night and spoke to loads of bankers and hedge fund managers about what Brexit meant for them. Not a single one of them is enjoying these uncertain times. A good pal of mine who runs his own hedge fund looked like he'd aged ten years in a week and spent the whole evening staring at his phone as he's bricking it about various positions he's stuck in that he can't currently call properly. Don't get me wrong, I don't have too much sympathy for him as he makes an absolute fortune but I can assure you that he doesn't like uncertainty in the markets!

Fine, if you think it's bollocks, but it is what I believe. Why? I think Hedge Funds take a longer and more involved view to their investments, so I don't disagree with your mates concerns, whereas I believe Traders are far more of the moment and far more immediate in being mercenary towards the market and their transactions. Hedge funds are uncomfortable with constant volatility, they need long term positions for best operating practice, Traders can feast off volatility, but only to a point, then they need to watch and shoot, as they are at the moment. It is the Traders who will pounce and cause ripples of volatility. David Kelly, chief global strategist at JPMorgan Funds, isn't a trader, he is a top investment advisor, so probably not the best example to use, I'll give you that; although he will certainly be looking for the market shaping and it needs movement to do that.
 
C'mon now Custard the EU has worked for many years but you didn't want that. <whistle>

At least with the American election you have a VP so you vote knowing who will take over the system here is a farce with un unelected MP now taking over, it's not right.


May and Boris are elected MPs.

It may not be right to the Inners, but they need to get the brexit started on ASAP and a GE may stop that, against the will of the people.
 
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May and Boris are elected MPs.

It may not be right yo the Inners, but they need to get the brexit started on ASAP and a GE may stop that, against the will of the people.

I disagree, I'm not bothered by the in/out crap, the way I see it is Out won so crack on and make good with all your promises no moaning from me. What I don't like is an unelected PM for a long period of time. Brexit was NOT a campaign for Boris to be PM, you wouldn't have won if that was the case.

Leaving will take years so call for a GE now and then crack on with it.
 
I disagree, I'm not bothered by the in/out crap, the way I see it is Out won so crack on and make good with all your promises no moaning from me. What I don't like is an unelected PM for a long period of time. Brexit was NOT a campaign for Boris to be PM, you wouldn't have won if that was the case.

Leaving will take years so call for a GE now and then crack on with it.

Like I've said Gonz, the more you look at it the more you get the feeling that we've been caught in the middle of an Old Etonian dick waving contest!
 
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I disagree, I'm not bothered by the in/out crap, the way I see it is Out won so crack on and make good with all your promises no moaning from me. What I don't like is an unelected PM for a long period of time. Brexit was NOT a campaign for Boris to be PM, you wouldn't have won if that was the case.

Leaving will take years so call for a GE now and then crack on with it.

Forgetting the Brexit part, I agree with you, but the new PM would only do that if they new they had a big poll rating, or they run the risk of being out of power to soon.

Brown should have done that, but did not and lost the GE.
 
C'mon now Custard the EU has worked for many years but you didn't want that. <whistle>

At least with the American election you have a VP so you vote knowing who will take over the system here is a farce with un unelected MP now taking over, it's not right.
In the American system there's a lame duck President but they can't be removed - without great difficulty - the UK with their constitution can move very fast. It might not be fast for impatient Remainers but it's a sensible speed.
 
The EU are just trying to stop others from leaving the EU.

A deal will be struck and all will be sort of happy
They are panicking now - like a lot of people - but once they calm down and get on with things they will realise that a free trade deal without freedom of movement is in everybody's best interests.
It was funny - I was watching a German politician saying that "you can't cherry pick" and refer to freedom of movement as an "obligation". She realises that in lots of circumstances it's not a good idea.
If there's two countries with wildly different standards of living then it is obvious that people from the poorer country will want to live and work in the richer country. Is it sensible to allow this? When the EU consisted of countries of relatively similar standards of living it wasn't a problem. Same with the Euro. It's messed up the poorer countries.
 
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