Leanne Wood now saying her own voters have voted wrong.
Another lunatic fingers in her ears....
If you think this vote is going to be anything but terrible for the WWC. As Britain takes a lurch rightwards, and poorer- the WWC are going to get angrier, and blame migrants even more. Intolerance has been unleashed.
Which is why you seem to feel people need a PhD and speak a European language before they get the vote...
Unelected Pm leading biggest negotiations. Not good.
Oh FFs not this again !!!
Brown signed Lisbon FFS but no complaints then or is it only Labour leaders that can take momentous decisions behind closed doors against the will of the voters having refused a referendum that was originally offered in the manifesto?
Mr. Sandpit, no idea. He'd've won convincingly. I can only assume it was complacent arrogance.
I think it's very important that our 'destination' is agreed as soon as possible. While our destination is unknown, investment decisions will be put on hold, which could tip the economy into recession.
Having won the referendum on the anti-immigration votes of the WWC I cannot see how anything but "completely out" is going to wash.
If Leave maintain Freedom of Movement then then Remainers are going to feel they cheated their way to a win and half their own supporters are going to be incandescent. I just can't see it. It looks like "completely out" to me
The WWC can now be put back on the shelf. They're no longer needed.
Leanne Wood now saying her own voters have voted wrong.
Another lunatic fingers in her ears....
If you think this vote is going to be anything but terrible for the WWC. As Britain takes a lurch rightwards, and poorer- the WWC are going to get angrier, and blame migrants even more. Intolerance has been unleashed.
Which is why you seem to feel people need a PhD and speak a European language before they get the vote...
People on this board need to understand movements in financial markets. A 'surprise' has happened, there is a new equilibrium path for the economy, financial prices jump (in this case down) to the new path. This transition involves *overshooting* followed by gradual reversal of that overshooting. We have just witnessed the overshooting. If you want to profit medium term yoou now have a buying opportunity.
The immediate question is whether you are right that we reached the bottom in one go. My instinct is that you are right for today - then people spend the weekend reflecting on all the implications, and the very real uncertainty about what lies in store for us politically and economically means that the sell off continues next week. So I would be very wary about going bargain hunting today.
Unelected Pm leading biggest negotiations. Not good.
Oh FFs not this again !!!
Brown signed Lisbon FFS but no complaints then or is it only Labour leaders that can take momentous decisions behind closed doors against the will of the voters having refused a referendum that was originally offered in the manifesto?
Mr. Sandpit, no idea. He'd've won convincingly. I can only assume it was complacent arrogance.
I think it's very important that our 'destination' is agreed as soon as possible. While our destination is unknown, investment decisions will be put on hold, which could tip the economy into recession.
Having won the referendum on the anti-immigration votes of the WWC I cannot see how anything but "completely out" is going to wash.
If Leave maintain Freedom of Movement then then Remainers are going to feel they cheated their way to a win and half their own supporters are going to be incandescent. I just can't see it. It looks like "completely out" to me
The WWC can now be put back on the shelf. They're no longer needed.
I see fasil Islam is pumping a narrative that labour didn't come out in their heartlands so leave won....when it was then opposite, all those northern towns turn out up & massive votes for leave.
In Sunderland, Stoke, in Wales, they couldn't get to the polls fast enough to give junker the two fingers.
(Peter kay gag) not seem them that fired up since they printed the names of those paedos in the local paper.
- Is Richard Tyndall around? I owe him £100 from a bet dating back to November 2010.
- Special thanks to @AndyJS and @rcs1000 for their brilliant work in analysing the par Remain vote by area. It enabled anyone following last night to come out ahead. The irrationality of the markets in the face of the evidence was a wonder to behold.
- What a class act Cameron is. But I'm not even remotely surprised at his decision or the timetable.
IMO Cameron is the most destructive, ineffective PM we've had since Chamberlain - for the sake of tactical advantage and party management, he offered the electorate an option that he believes (rightly in my view) would do both Britain and the wider world lasting serious damage.Let's hope he was wrong about that judgment.
Corbyn was simply inconveniently honest - yes, membership meant unlimited immigration, and we should try to make that positive.
"inconveniently honest"? Really Nick? Are you suggesting there are times it is right to lie to the voters?
Unelected Pm leading biggest negotiations. Not good.
Oh FFs not this again !!!
Brown signed Lisbon FFS but no complaints then or is it only Labour leaders that can take momentous decisions behind closed doors against the will of the voters having refused a referendum that was originally offered in the manifesto?
Mr. Sandpit, no idea. He'd've won convincingly. I can only assume it was complacent arrogance.
I think it's very important that our 'destination' is agreed as soon as possible. While our destination is unknown, investment decisions will be put on hold, which could tip the economy into recession.
Having won the referendum on the anti-immigration votes of the WWC I cannot see how anything but "completely out" is going to wash.
If Leave maintain Freedom of Movement then then Remainers are going to feel they cheated their way to a win and half their own supporters are going to be incandescent. I just can't see it. It looks like "completely out" to me
The WWC can now be put back on the shelf. They're no longer needed.
Not for the Tories anyway. It's Labour who need to do some soul searching as to why their core vote delivered this victory and to try and get them back on side before whatever replaced UKIP hoovers up those votes.
I hope all PBers make sure that they haven't got more than £75K in any one British bank account, or a combined sum of that amount in more than one account covered by any single company's protection under the Financial Services Compensation Scheme.
The turnout for this referendum has proved beyond all doubt that FPTP suppresses voter participation. We should ditch it asap.
Yep - a good test of anyone's commitment to ensuring the forgotten voice of the working class is heard from now on is whether they are read to contemplate a new voting system, because that is the only thing that is going to make a difference.
- Is Richard Tyndall around? I owe him £100 from a bet dating back to November 2010.
- Special thanks to @AndyJS and @rcs1000 for their brilliant work in analysing the par Remain vote by area. It enabled anyone following last night to come out ahead. The irrationality of the markets in the face of the evidence was a wondet to behold.
- What a class act Cameron is. But I'm not even remotely surprised at his decision or the timetable.
Where is poor Pong? He was convinced that Leave 55-60 should have been odds on
I hope all PBers make sure that they haven't got more than £75K in any one British bank account, or a combined sum of that amount in more than one account covered by any single company's protection under the Financial Services Compensation Scheme.
and that's the EU set limit, there is uncertainty now as to what it will be now we are to be 'free'.
Unelected Pm leading biggest negotiations. Not good.
Oh FFs not this again !!!
Brown signed Lisbon FFS but no complaints then or is it only Labour leaders that can take momentous decisions behind closed doors against the will of the voters having refused a referendum that was originally offered in the manifesto?
Mr. Sandpit, no idea. He'd've won convincingly. I can only assume it was complacent arrogance.
I think it's very important that our 'destination' is agreed as soon as possible. While our destination is unknown, investment decisions will be put on hold, which could tip the economy into recession.
Having won the referendum on the anti-immigration votes of the WWC I cannot see how anything but "completely out" is going to wash.
If Leave maintain Freedom of Movement then then Remainers are going to feel they cheated their way to a win and half their own supporters are going to be incandescent. I just can't see it. It looks like "completely out" to me
The WWC can now be put back on the shelf. They're no longer needed.
Spot on. They have served their purpose.
Hopefully wake up call to all politicians / political parties.
Unelected Pm leading biggest negotiations. Not good.
Oh FFs not this again !!!
Brown signed Lisbon FFS but no complaints then or is it only Labour leaders that can take momentous decisions behind closed doors against the will of the voters having refused a referendum that was originally offered in the manifesto?
Mr. Sandpit, no idea. He'd've won convincingly. I can only assume it was complacent arrogance.
I think it's very important that our 'destination' is agreed as soon as possible. While our destination is unknown, investment decisions will be put on hold, which could tip the economy into recession.
Having won the referendum on the anti-immigration votes of the WWC I cannot see how anything but "completely out" is going to wash.
If Leave maintain Freedom of Movement then then Remainers are going to feel they cheated their way to a win and half their own supporters are going to be incandescent. I just can't see it. It looks like "completely out" to me
The WWC can now be put back on the shelf. They're no longer needed.
Spot on. They have served their purpose.
What happens when they get poorer? You cannot put them back on the shelf....they are unleashed, angry and blaming migrants. Well done Brexit
The turnout for this referendum has proved beyond all doubt that FPTP suppresses voter participation. We should ditch it asap.
Yep - a good test of anyone's commitment to ensuring the forgotten voice of the working class is heard from now on is whether they are read to contemplate a new voting system, because that is the only thing that is going to make a difference.
Changing the voting system alone isn't enough. We need a federal constitution.
- Is Richard Tyndall around? I owe him £100 from a bet dating back to November 2010.
- Special thanks to @AndyJS and @rcs1000 for their brilliant work in analysing the par Remain vote by area. It enabled anyone following last night to come out ahead. The irrationality of the markets in the face of the evidence was a wondet to behold.
- What a class act Cameron is. But I'm not even remotely surprised at his decision or the timetable.
The lack of understanding of the announced results by the money markets was extraordinary. The pound was rising when the Glasgow and Liverpool results came through to boost the Remain total vote - without any understanding of the underlying fundamental results showing Remain was getting royally stuffed. It looked like it needed some grown ups to intervene.
I hope all PBers make sure that they haven't got more than £75K in any one British bank account, or a combined sum of that amount in more than one account covered by any single company's protection under the Financial Services Compensation Scheme.
and that's the EU set limit, there is uncertainty now as to what it will be now we are to be 'free'.
We could actually unwind the BRRD which would give all UK banks implicit state backing of all deposits.
Unelected Pm leading biggest negotiations. Not good.
Oh FFs not this again !!!
Brown signed Lisbon FFS but no complaints then or is it only Labour leaders that can take momentous decisions behind closed doors against the will of the voters having refused a referendum that was originally offered in the manifesto?
Mr. Sandpit, no idea. He'd've won convincingly. I can only assume it was complacent arrogance.
I think it's very important that our 'destination' is agreed as soon as possible. While our destination is unknown, investment decisions will be put on hold, which could tip the economy into recession.
Having won the referendum on the anti-immigration votes of the WWC I cannot see how anything but "completely out" is going to wash.
If Leave maintain Freedom of Movement then then Remainers are going to feel they cheated their way to a win and half their own supporters are going to be incandescent. I just can't see it. It looks like "completely out" to me
That's the key problem both sides now face. There would be a handsome majority in the country for an EFTA-style solution but because the WWC came out in numbers to swing the vote, Leave are beholden to them. It's an absolute clusterf**k
The main problem with the EEA option is that it won't work for us. It barely does for Norway and it's unlikely we're prepared to completely outsource our foreign relations as that country does. But it is an attractive "extend and pretend" choice for both a UK that has rejected its best choice and an EU that sees itself fraying at the edges
Ironically I'm posting whilst having my car washed at my local 5 quid a pop outfit manned by east European immigrants. Wonder how they feel this morning?
You still don't get it , this is exactly why there was such a dramatic WWC turnout. Washing your car for £5 means they are being paid under minimum wage, which results in the the local WWC wages being compressed. Great for you , along with your cleaner/nanny/plumber. Disastrous for those competing in the same low skill space.
They genuinely do not understand how competitive it is at the bottom end of the labour market. Not just for labour but housing, social and private, schooling, dental and medical services.
Did hand car washes exist before eastern european immigration?
- Special thanks to @AndyJS and @rcs1000 for their brilliant work in analysing the par Remain vote by area. It enabled anyone following last night to come out ahead. The irrationality of the markets in the face of the evidence was a wondet to behold.
Agreed @AndyJS spreadsheet basically won me loads.
Today, @LabourRemain will release a short statement on the future leadership of the Labour Party. Statement to follow. #EUref #Brexit 33 retweets 1 likes
A crestfallen Tony Blair up now. This is great to watch, he's more tearful than Cameron was.
He carries at least as much of the blame for this.
The real 'blame' for this lies with the utter bastards who ratified Maastricht and then Lisbon without referendums. I am a die hard Leaver now. But I'd have voted to stay in with pleasure if we had forced the EU to accept a two-speed EU when we had the chance. The establishment didn't want me to have a say then so I am forced to go nuclear now (along with a majority of my countrymen). Reap what you sow.
- Is Richard Tyndall around? I owe him £100 from a bet dating back to November 2010.
- Special thanks to @AndyJS and @rcs1000 for their brilliant work in analysing the par Remain vote by area. It enabled anyone following last night to come out ahead. The irrationality of the markets in the face of the evidence was a wondet to behold.
- What a class act Cameron is. But I'm not even remotely surprised at his decision or the timetable.
The lack of understanding of the announced results by the money markets was extraordinary. The pound was rising when the Glasgow and Liverpool results came through to boost the Remain total vote - without any understanding of the underlying fundamental results showing Remain was getting royally stuffed. It looked like it needed some grown ups to intervene.
Once again City 'experts' leave a lot to be desired.
People on this board need to understand movements in financial markets. A 'surprise' has happened, there is a new equilibrium path for the economy, financial prices jump (in this case down) to the new path. This transition involves *overshooting* followed by gradual reversal of that overshooting. We have just witnessed the overshooting. If you want to profit medium term yoou now have a buying opportunity.
Is today's result a polling meltdown that's worse than the GE polling meltdown? What effing use are polls any more?
They are completly pointless other than for providing betting opportunities
Actually they are worse than pointless - it is very likely that the polls helped the Tories get their majority in 2015 thru the Miliband/SNP scare, which with hindsight wasn't nearly as much a risk as people were led to believe, and rather less likely but still possible that yesterday's remain confidence reduced its turnout. These misleading polls are actually distorting the result.
Congratulations to Leave. Absolutely gutted, not so much about the result (like many I was a reluctant Remainer) but definitely for Cameron who deserved much more for detoxifying the Tories and winning a majority. Let's all hope that it works out for the best for the UK and well done again to all Leavers who have looked forward to this for so long!
I hope all PBers make sure that they haven't got more than £75K in any one British bank account, or a combined sum of that amount in more than one account covered by any single company's protection under the Financial Services Compensation Scheme.
Laugh of the day. Sky saying that Nicky Morgan "taking soundings to consider standing for the Leadership" "as someone to carry on Cameron's legacy". WTF
Lets face it, UKIP weren't even that electorally successful in the UK. How easily would a referendum be won in Austria, Netherlands, Denmark ?
The UE must be bricking it.
It's a little bit more complicated than that. The majority of PVV supporters - according to Peil - agreed with the statement "The Euro has been good for the Netherlands".
It will be very interesting to see the EU's response to this - both for the rest of the continent and for us.
Today, @LabourRemain will release a short statement on the future leadership of the Labour Party. Statement to follow. #EUref #Brexit 33 retweets 1 likes
Laugh of the day. Sky saying that Nicky Morgan "taking soundings to consider standing for the Leadership" "as someone to carry on Cameron's legacy". WTF
Laugh of the day. Sky saying that Nicky Morgan "taking soundings to consider standing for the Leadership" "as someone to carry on Cameron's legacy". WTF
Here's a sounding from a party member: forget it, darling.
Can I express my thanks and admiration at the turnaround of threads overnight - a truly stellar job
Seconded. Well done to TSE and OGH. Superb editing over this campaign.
Are they going to circulate a whip around to help pay for the sites fees?
Well done TSE last night
Thanks for the appreciation. I will be putting the donate button up.
Please do Mike, your site made lots of us a pile of money last night and we'd like to thank you for it.
On this occasion I may pass having spectacularly fucked this up.. nearly cashed out so many times last night for a 700 profit but didn't... a thumping loss just to make everything else worse.
Put me down as AOEBB too.
Lastly just seen Nigel F disowning the £350m figure on GMB earlier and saying it was a mistake by the leave campaign & nothing to do with him as he was ostracised by them.
Laugh of the day. Sky saying that Nicky Morgan "taking soundings to consider standing for the Leadership" "as someone to carry on Cameron's legacy". WTF
Saw that, never going to happen.
May, Hammond, Gove, Johnson. Anyone else a serious candidate for PM?
I hope all PBers make sure that they haven't got more than £75K in any one British bank account, or a combined sum of that amount in more than one account covered by any single company's protection under the Financial Services Compensation Scheme.
No, the locusts will sneak in and eat all the notes - except for the new plastic £5's.
- Is Richard Tyndall around? I owe him £100 from a bet dating back to November 2010.
- Special thanks to @AndyJS and @rcs1000 for their brilliant work in analysing the par Remain vote by area. It enabled anyone following last night to come out ahead. The irrationality of the markets in the face of the evidence was a wondet to behold.
- What a class act Cameron is. But I'm not even remotely surprised at his decision or the timetable.
The lack of understanding of the announced results by the money markets was extraordinary. The pound was rising when the Glasgow and Liverpool results came through to boost the Remain total vote - without any understanding of the underlying fundamental results showing Remain was getting royally stuffed. It looked like it needed some grown ups to intervene.
Once again City 'experts' leave a lot to be desired.
Well look at the futures this morning predicting a 9-10% drop, it has now levelled out at 4-5%. Even Sterling has bounced back from 1.20 to 1.25 vs EUR.
So. How long until EdF pull out of the Hinckley Point deal?
That's a nice little bonus! Dreadful project.
EDF have been desperate for a reason to drop Hinckley Point for a while. A client who works at Dungerness for EDF said that even if the vote was a close remain they would drop Hinckley using the line about Long term political uncertainty.
So. How long until EdF pull out of the Hinckley Point deal?
That's a nice little bonus! Dreadful project.
Agreed.
HS2 can go as well.
Leavers already destroying the country by doing down infrastructure ...
But that's what leave was all about for some leavers: things they don't like (even when they are utterly clueless about them and they are nothing to do with the EU) wrapped up in a little box and tied with a purple bow.
Fortunately most leavers are not in that category.
I hope all PBers make sure that they haven't got more than £75K in any one British bank account, or a combined sum of that amount in more than one account covered by any single company's protection under the Financial Services Compensation Scheme.
- Is Richard Tyndall around? I owe him £100 from a bet dating back to November 2010.
- Special thanks to @AndyJS and @rcs1000 for their brilliant work in analysing the par Remain vote by area. It enabled anyone following last night to come out ahead. The irrationality of the markets in the face of the evidence was a wondet to behold.
- What a class act Cameron is. But I'm not even remotely surprised at his decision or the timetable.
The lack of understanding of the announced results by the money markets was extraordinary. The pound was rising when the Glasgow and Liverpool results came through to boost the Remain total vote - without any understanding of the underlying fundamental results showing Remain was getting royally stuffed. It looked like it needed some grown ups to intervene.
Once again City 'experts' leave a lot to be desired.
Saved my bacon (at least if I ignore the value of shares and pension for the moment), to be honest. On the betting markets I started with a strong remain position and it was a race to undo my position without a loss. Thankfully the slowness on Betfair during the small hours in realising that leave had actually won already enabled me to reverse my position and I emerge with a small profit. Kudos to the guys on here who didn't believe the polls from the start and got leave at amazing odds! The financial markets were equally slow and gyrating wildly, and on the spreads i come out very nicely ahead indeed.
The lemmings led by the unemployed and retired have thrown themselves off the cliff . They will destroy the economy of this country on the rocks below but will be able to chant No More Immigrants on the way down .
If you genuinely believe that then you are as out of touch as the other metropolitan elites.
I hope all PBers make sure that they haven't got more than £75K in any one British bank account, or a combined sum of that amount in more than one account covered by any single company's protection under the Financial Services Compensation Scheme.
So. How long until EdF pull out of the Hinckley Point deal?
That's a nice little bonus! Dreadful project.
EDF have been desperate for a reason to drop Hinckley Point for a while. A client who works at Dungerness for EDF said that even if the vote was a close remain they would drop Hinckley using the line about Long term political uncertainty.
A crestfallen Tony Blair up now. This is great to watch, he's more tearful than Cameron was.
He carries at least as much of the blame for this.
The real 'blame' for this lies with the utter bastards who ratified Maastricht and then Lisbon without referendums. I am a die hard Leaver now. But I'd have voted to stay in with pleasure if we had forced the EU to accept a two-speed EU when we had the chance. The establishment didn't want me to have a say then so I am forced to go nuclear now (along with a majority of my countrymen). Reap what you sow.
To true. Neither would have passed a referendum, and neither could have been enacted without concessions.
The resentment is built up over years. Cameron needed the referendum because he offered one over Lisbon, but wasnt able to give one because it was ratified before the GE. Much to the pleasure of NPXMP.
Today, @LabourRemain will release a short statement on the future leadership of the Labour Party. Statement to follow. #EUref #Brexit 33 retweets 1 likes
So. How long until EdF pull out of the Hinckley Point deal?
That's a nice little bonus! Dreadful project.
Agreed.
HS2 can go as well.
Leavers already destroying the country by doing down infrastructure ...
But that's what leave was all about for some leavers: things they don't like (even when they are utterly clueless about them and they are nothing to do with the EU) wrapped up in a little box and tied with a purple bow.
Fortunately most leavers are not in that category.
Anyone who wants Hinckley Point or HS2 can put their own money to it. - I wouldn't stop you.
Or do you prefer for the taxpayers to pay for politicians vanity projects ?
A crestfallen Tony Blair up now. This is great to watch, he's more tearful than Cameron was.
He carries at least as much of the blame for this.
The real 'blame' for this lies with the utter bastards who ratified Maastricht and then Lisbon without referendums. I am a die hard Leaver now. But I'd have voted to stay in with pleasure if we had forced the EU to accept a two-speed EU when we had the chance. The establishment didn't want me to have a say then so I am forced to go nuclear now (along with a majority of my countrymen). Reap what you sow.
But we had effectively persuaded a two-speed Europe, exactly as you say. And we left, all the same.
Has anyone got combined votes for Inner and Outer London ?
The Telegraph gives the region of London as Remain 59.9%, Leave 40.1%
Outer London would have been quite close as Leave won five boroughs and the big Remain wins were in Inner London.
Ardent Leavers should look at the results in inner London and pause. Leave wasn't just defeated there, it was annihilated. This is not just a metropolitan bubble, this is the metropolis.
The political debate in inner London is radically different from that elsewhere and some hard thinking needs to be done by those now about to take charge as to how they are going to address that democratic divide, especially as London is making the money that the rest of the country is spending.
Steamrollering inner London into submission won't work in anything other than the very short term.
Which is why there will be a compromise.
The door is barred to that now. 76 million Turks are joining the EU, don't you know?
Well I hope people such as yourself make your voice heard so we can get a good compromise.
Leave campaigned on a clear prospectus. It would be a fraud on the voters not to implement it. I shall watch with interest as Leave attempts to do so.
Leave no longer exists.
Wrong, it is the new nasty party in the land of the blind.
No, it no longer exists. The absence of Boris and Gove from the airwaves is instructive.
Got to be hammond for CoE. Most boring man in politics & knows his economic onions. Don't want anybody being radical at this moment in time, no academy banks and alike.
Today, @LabourRemain will release a short statement on the future leadership of the Labour Party. Statement to follow. #EUref #Brexit 33 retweets 1 likes
ooer.... daggers for Corbyn?
Could be.
JC is bullet proof
Dont upset SO
JC is going to find out whether he is bullet proof or not.
So. How long until EdF pull out of the Hinckley Point deal?
That's a nice little bonus! Dreadful project.
Agreed.
HS2 can go as well.
Leavers already destroying the country by doing down infrastructure ...
But that's what leave was all about for some leavers: things they don't like (even when they are utterly clueless about them and they are nothing to do with the EU) wrapped up in a little box and tied with a purple bow.
Fortunately most leavers are not in that category.
Anyone who wants Hinckley Point or HS2 can put their own money to it. - I wouldn't stop you.
Or do you prefer for the taxpayers to pay for politicians vanity projects ?
Hs2 is a stupid project. A 19th century one for the 21th century.
- Is Richard Tyndall around? I owe him £100 from a bet dating back to November 2010.
- Special thanks to @AndyJS and @rcs1000 for their brilliant work in analysing the par Remain vote by area. It enabled anyone following last night to come out ahead. The irrationality of the markets in the face of the evidence was a wonder to behold.
- What a class act Cameron is. But I'm not even remotely surprised at his decision or the timetable.
Yes. It won't be Boris. The assassin doesn't wear the crown. May must be the favourite (would never have credited it), and though I have a small bet on Patel, Dave's resignation makes her getting any momentum unlikely -I think she needed to be a surprise candidate against an intransigent leader to 'do a Thatcher'. I think I'd like Leadsom.
Today, @LabourRemain will release a short statement on the future leadership of the Labour Party. Statement to follow. #EUref #Brexit 33 retweets 1 likes
ooer.... daggers for Corbyn?
Could be.
JC is bullet proof
Dont upset SO
He's as effective as a lump of stone so he might as well be bulletproof.
Leanne Wood now saying her own voters have voted wrong.
Another lunatic fingers in her ears....
If you think this vote is going to be anything but terrible for the WWC. As Britain takes a lurch rightwards, and poorer- the WWC are going to get angrier, and blame migrants even more. Intolerance has been unleashed.
Which is why you seem to feel people need a PhD and speak a European language before they get the vote...
I think last night kind of proved my point
Please let this result see the end of this arrogant, patronising, supercilious nonsense.
People on this board need to understand movements in financial markets. A 'surprise' has happened, there is a new equilibrium path for the economy, financial prices jump (in this case down) to the new path. This transition involves *overshooting* followed by gradual reversal of that overshooting. We have just witnessed the overshooting. If you want to profit medium term yoou now have a buying opportunity.
The immediate question is whether you are right that we reached the bottom in one go. My instinct is that you are right for today - then people spend the weekend reflecting on all the implications, and the very real uncertainty about what lies in store for us politically and economically means that the sell off continues next week. So I would be very wary about going bargain hunting today.
If there are more 'surprises' to come you may be right. Otherwise expectations are already 'priced in'. A weekend's reflection is irrelevant.
Comments
In Sunderland, Stoke, in Wales, they couldn't get to the polls fast enough to give junker the two fingers.
(Peter kay gag) not seem them that fired up since they printed the names of those paedos in the local paper.
- Anyone But Boris starts now.
- Is Richard Tyndall around? I owe him £100 from a bet dating back to November 2010.
- Special thanks to @AndyJS and @rcs1000 for their brilliant work in analysing the par Remain vote by area. It enabled anyone following last night to come out ahead. The irrationality of the markets in the face of the evidence was a wonder to behold.
- What a class act Cameron is. But I'm not even remotely surprised at his decision or the timetable.
https://twitter.com/jk_rowling/status/746214995763953667
The UE must be bricking it.
Thanks Andy
Today, @LabourRemain will release a short statement on the future leadership of the Labour Party. Statement to follow. #EUref #Brexit
33 retweets 1 likes
ooer.... daggers for Corbyn?
WTH..
Let's all hope that it works out for the best for the UK and well done again to all Leavers who have looked forward to this for so long!
Sky saying that Nicky Morgan "taking soundings to consider standing for the Leadership" "as someone to carry on Cameron's legacy".
WTF
It will be very interesting to see the EU's response to this - both for the rest of the continent and for us.
Put me down as AOEBB too.
Lastly just seen Nigel F disowning the £350m figure on GMB earlier and saying it was a mistake by the leave campaign & nothing to do with him as he was ostracised by them.
Mr. B2, I quite agree regarding the polls.
May, Hammond, Gove, Johnson. Anyone else a serious candidate for PM?
Sky Sources: Education Secretary Nicky Morgan is considering a leadership bid following David Cameron's resignation #EUref
15 retweets 3 likes
errr...ok Nicky. Good luck with that.
A client who works at Dungerness for EDF said that even if the vote was a close remain they would drop Hinckley using the line about Long term political uncertainty.
But that's what leave was all about for some leavers: things they don't like (even when they are utterly clueless about them and they are nothing to do with the EU) wrapped up in a little box and tied with a purple bow.
Fortunately most leavers are not in that category.
Politics! Bloody hell!
Where the Article 50 negotiations are concerned, wouldn't it be possible to include MEPs in the list of available resources?
And in the meantime, energy margins for this coming winter look dreadfully thin, if not non-existant:
http://www.telegraph.co.uk/news/earth/energy/12175367/UK-energy-supply-forecasts-into-the-red-for-first-time-next-winter.html
The resentment is built up over years. Cameron needed the referendum because he offered one over Lisbon, but wasnt able to give one because it was ratified before the GE. Much to the pleasure of NPXMP.
Dont upset SO
Or do you prefer for the taxpayers to pay for politicians vanity projects ?