Credit deflation and the reflation cycle to come (part 6)

[DurhamBorn]

6 minutes ago, Pip321 said:

Aberdeen seems to be taking a bashing but up and down. HL the same….I may have a punt. Or maybe the others like Ashmore, N91.

I like Abdn but only because I owned them before and bailed at 180p, not a very logical reason but also I have listened to the more technical guys on here because when I look at charts all I see is an asteroids game from the 80’s…..

However I have spotted a trend in the Abdn chart, mentioned by @nirvana….the boobies pattern. And as I recall boobies aren’t good. 

 

This is what I normally see. 

 

Joking apart though…may ladder in some of these asset managers. 👍🏻

We need a merger to kick the sector into gear i think,increased wages (nominal) should see AUM grow in the end,but such is the theft from government and huge bond sales its very difficult at the moment.Iv been in and out of a few for good profits,but down on the sector even including them,though its a sector that moves quickly both ways as narrative changes.

[Plan-b]

Suspicious -This Leveraged Shares Gold ETF was halted this afternoon, what do they know? Perhaps they or someone have no clothes and the tides gone out?

 

[Ash4781b]

3 hours ago, geordie_lurch said:

Rentokil -17.59% and Rightmove -13.10% but can't see any other news on this yet

What the f’ck. oh I see Onthemarket got an offer from a huge American company. Interesting.  

[reformed nice guy]

22 minutes ago, Plan-b said:

Suspicious -This Leveraged Shares Gold ETF was halted this afternoon, what do they know? Perhaps they or someone have no clothes and the tides gone out?

 

Maybe someone pinched the 10 kruggerands and 71 sovereigns that are at the end of the complicated derivative structures and swaps underlying it?

[Lightscribe]

Israel is a vassal state of the old brigade 

And Hamas ‘created’ by the above just like the rest of the boogie men.

 

[geordie_lurch]

1 hour ago, One percent said:

Crikey, it sounds like they are expecting wwiii. 

Maybe that's why some London stocks were halted today - test run for an unscheduled Bank holiday

Edited October 19, 2023 by geordie_lurch

[One percent]

1 minute ago, geordie_lurch said:

Maybe that's why some of London stocks were halted today - test run for an unscheduled Bank holiday

That’s weird. Why would some technical glitch only stop trading on some shares?  

[Lightscribe]

And we wonder why the US left all the weapons in the Afghanistan…

[Long time lurking]

25 minutes ago, Lightscribe said:

And we wonder why the US left all the weapons in the Afghanistan…

Israel might be about to find out ,the Taliban have asked Iraq and Iran for rights of passage through their countries 

[Long time lurking]

Oil 

 

[Long time lurking]

The new world order is just a distraction for this 

[Castlevania]

5 hours ago, ThoughtCriminal said:

Am I going crazy or is the 10yr starting to look like, dare I say it, a bargain?

I need to stay off this crack pipe. 

I think it depends if you can handle one more round of ZIRP or not? If you don’t own a house I think that’s your hedge. If you do; might as well ignore.

[Axeman123]

1 hour ago, Lightscribe said:

Israel is a vassal state of the old brigade 

[Castlevania]

4 hours ago, Long time lurking said:

Sleepy joe just issued a world wide travel caution for US citizens ,due to address the nation later today 

But the question is why`s he got a pair of dogs bollocks attached to his chin 

Because he’s the dogs bollocks?

[Castlevania]

2 hours ago, DurhamBorn said:

We need a merger to kick the sector into gear i think,increased wages (nominal) should see AUM grow in the end,but such is the theft from government and huge bond sales its very difficult at the moment.Iv been in and out of a few for good profits,but down on the sector even including them,though its a sector that moves quickly both ways as narrative changes.

I think it’s a sector where wages run ahead of most others. Fixed costs up. Assets under management down. 

[DurhamBorn]

49 minutes ago, Castlevania said:

I think it’s a sector where wages run ahead of most others. Fixed costs up. Assets under management down. 

Could be yes.Inflation hits income hard until pay increases as well.I also think trackers and bonds have sucked up so much capital almost everything else is likely under-valued,its just how much really.If things just change a bit in their favour the sector could deliver big profits,but it is also one where you are almost certain to be looking at reds for a long time.

[Lightscribe]

1 hour ago, Axeman123 said:

There’s a difference between Zionism and Othodox

https://allisrael.com/almost-everything-is-ready-for-the-third-temple-claims-israeli-tv-report-on-red-heifers-brought-to-israel-last-year

The tensions were already there and escalations were expected 

Edited October 19, 2023 by Lightscribe

[ThoughtCriminal]

That's a bold strategy, let's see how that works out for them 🤡

[Loki]

4 minutes ago, ThoughtCriminal said:

That's a bold strategy, let's see how that works out for them 🤡

[reformed nice guy]

Gold at an all time high in British pounds

 

[Lightscribe]

$ still to go, once past previous highest high then it’s go time.

Edited October 20, 2023 by Lightscribe

[Errol]

As I keep on saying - gold hasn't really started yet.

[ThoughtCriminal]

Seeing a lot of people saying this. Is it that simple?

[reformed nice guy]

 

Retail sales are falling and shoplifting increasing.

Lets see what Big Brother has to explain this:

https://www.bbc.com/news/business-67166921

Warm weather leads to shock drop in shop sales

From the people that previously explained poor sales by cold weather, we now have poor sales due to warm weather.

 

Edited October 20, 2023 by reformed nice guy

[Axeman123]

One hell of a chart, TLT to finally run and yields to fall?