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Everything posted by Chomper Higgot
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Let’s go back to your usual excuses for hiding Brexit impacts. The Pandemic and Russian illegal invasion of Ukraine. The impacts of the former are fading fast but have, together with the impacts of the latter affected two major groups of stock prices: 1. Interest rate hikes hit a major Tech focussed bank resulting in a crash to tech stock prices - LSE is not heavily loaded with tech stocks and therefore did not see significant tech stock price losses. 2. Energy stocks have seen a historically unprecedented windfall as a direct result of Russia’s illegal invasion of Ukraine, Shell, BP, British Gas and other energy companies listed on the LSE have raked in vast increases in profits for which they did zero to achieve. The heavy bias of the LSE towards fossil fuel energy companies has resulted in windfall profits. The long term future for these stocks is now under threat. A future Labour Government will undoubtedly introduce real windfall taxes while renewable energy and Green technologies are already taking their market share. The profusely of the LSE in 2022 were a windfall, absolutely no guide to the health of the UK economy.
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Italy moves to rescue 1,200 migrants on boats
Chomper Higgot replied to Social Media's topic in World News
Nor a country of your choosing. Why even the Hone Secretary can’t give any definite answers on the matter: https://www.independent.co.uk/news/uk/politics/braverman-small-boats-deportation-sunak-b2296400.html -
Will Trump attend his civil rape trial? Judge wants to know
Chomper Higgot replied to onthedarkside's topic in World News
3. Trump rapes the woman and she wants Justice.