Current Affairs EU In or Out

In or Out

  • In

    Votes: 688 67.9%
  • Out

    Votes: 325 32.1%

  • Total voters
    1,013
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Also, it's nice to see that the FTSE is back to the pre-referendum value. By no means am I suggesting that I think we are out of the woods, not by a long shot, but it does put a bit of perspective on things considering all the "Oh my God, the economy has lost 748 kazillion pounds (or whatever the value was)!!!" shouts from some people on here during Friday afternoon
 

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Markets hate instability, the week leading up to the referendum was as unstable as now so that doesn't mean much yet. But it is moving in the right way.

It's not necessarily a good sign though, the market is expecting the Bank of England to drop interest rates as their banks are getting a kicking and lower interest rates make the Stock Market more attractive, particularly because it went so low initially.
 
Also, it's nice to see that the FTSE is back to the pre-referendum value. By no means am I suggesting that I think we are out of the woods, not by a long shot, but it does put a bit of perspective on things considering all the "Oh my God, the economy has lost 748 kazillion pounds (or whatever the value was)!!!" shouts from some people on here during Friday afternoon

The 250 is where you want to look for a better representation of British companies.
 
It's not necessarily a good sign though, the market is expecting the Bank of England to drop interest rates as their banks are getting a kicking and lower interest rates make the Stock Market more attractive, particularly because it went so low initially.
Yep. Be interesting to see how the FTSE 250 is trading.
 
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