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Stock market rallies HIGHER after Brexit vote Watch

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    (Original post by Thutmose-III)
    Well said. A large part of any losses suffered will be the result of traders arrogantly assuming Remain was in the bag yesterday. The market has now corrected, and even with the correction it's still up.

    The expert opinion means nothing to most people. If the prince of Dubai buys up property in London the government is laughing, on paper the economy has grown because the real estate has been revalued upwards, no tangible change has occurred however. The average Brit sees his/her rent jump by 10% overnight and is now forced out of the capital.
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    And all the people thought the sky was falling in XD. People really need to take a step back and look at things with a cool head.
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    (Original post by Gora The Xplorer)
    The expert opinion means nothing to most people. If the prince of Dubai buys up property in London the government is laughing, on paper the economy has grown because the real estate has been revalued upwards, no tangible change has occurred however. The average Brit sees his/her rent jump by 10% overnight and is now forced out of the capital.
    Precisely. That's a very apt point to make. It's because we have valued economic growth on paper, capital gains that really only exist in the abstract, over actual productivity growth and technological innovation, that we have ended up in the situation we're in now.
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    (Original post by SteveDogg23)
    You really don't understand that you have been freed, do you?
    You don't understand that the UK is finished for what it once was.
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    our sources are completely contradictory, im not one to rubbish a newspaper without proof, though I do hate the telegraph. They do report £40bn wiped, which isnt exactly a great deal is it?
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    (Original post by Thutmose-III)
    Money was lost by market traders who made investment decisions. That has nothing to do with the underlying economy.

    To the extent the stock market represents market confidence in the economy, it is up
    Nice to see you picking and choosing what you reply to.

    Confidence is qualitative and considering how erratic the markets were today i think its safe to say confidence is not up which has short and long term ramifications.
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    (Original post by drogon)
    Nice to see you picking and choosing what you reply to.

    Confidence is qualitative and considering how erratic the markets were today i think its safe to say confidence is not up which has short and long term ramifications.
    If the Remain hysterics were justified the market would be down by a very significant margin. Instead it's up.

    That's game, set and match.
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    http://www.londonstockexchange.com/e...html?index=UKX
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    (Original post by 16characterlimit)
    They do report £40bn wiped, which isnt exactly a great deal is it?
    You don't really understand how stock market capital gains work, do you?
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    (Original post by Thutmose-III)
    If the Remain hysterics were justified the market would be down by a very significant margin. Instead it's up.

    That's game, set and match.
    Nice to see you ignoring me again and again. Now i'll give you the same courtesy.
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    (Original post by Thutmose-III)
    You don't really understand how stock market capital gains work, do you?
    Oh the irony.
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    ... and?The market opened at 6021 on Monday morning, it closed at 6138 this afternoon. Not that hard, is it?The market has gained this week. That means the Remain hysterics have been proven wrong
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    (Original post by stevey396)
    Liberalism in the UK is dead.
    LOOOOL you realise the younger generation wanted remain and it was the old idiots that won it for you right?
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    (Original post by stevey396)
    You stupid, stupid liberal. Going the typical lefty way of giving an emotional response without looking at the bigger picture.

    The UK has spoken, now DEAL WITH IT. Liberalism in the UK is dead.
    Without liberalism you would still be scrubbing the shoes of unelected monarchs.
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    (Original post by Thutmose-III)
    You don't really understand how stock market capital gains work, do you?
    jesus ****ing christ, you a really are deluded, I try and not rubbish your source instantly (something leave never learned) and you assume you are right?

    So you celebrate that figure of £40bn? Think its a healthy sign?

    And the poster above proved that I am right, not you. idiot.
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    (Original post by drogon)
    Oh the irony.
    Saying oh the irony doesn't mitigate the fact that you simply don't understand how stock market capital gains work and at what point gains and losses are realised.
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    People on here dont know how stocks work lol (not aboud thread starter)
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    (Original post by 16characterlimit)
    jesus ****ing christ, you a really are deluded, I try and not rubbish your source instantly (something leave never learned) and you assume you are right?
    You seem to be confused. The FTSE 100 opened at 6021 on Monday morning and closed at 6138 this afternoon. Those numbers are simply facts, no matter how much they cause you to become emotional at the prospect of the Remain camp's hysterical predictions being proven wrong.

    The stock market is up today compared to monday. That means in the aggregate investors have made money this week and prices have gone up. The £40 billion figure is irrelevant if it's followed by a £41 billion gain.

    It's that concept of when stock market capital gains are realised that appears to elude you
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    (Original post by drogon)
    LOOOOL you realise the younger generation wanted remain and it was the old idiots that won it for you right?
    The referendum wasn't a case of the young and the old, it was a case of the UK overall.

    And by the time the younger generation is older the Labour party will have been completely wiped out.
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    (Original post by Thutmose-III)
    You seem to be confused. The FTSE 100 opened at 6021 on Monday morning and closed at 6138 this afternoon. Those numbers are simply facts, no matter how much they cause you to become emotional at the prospect of the Remain camp's hysterical predictions being proven wrong.

    The stock market is up today compared to monday. That means in the aggregate investors have made money this week and prices have gone up. The £40 billion figure is irrelevant if it's followed by a £41 billion gain.

    It's that concept of when stock market capital gains are realised that appears to elude you
    no one cares about your pseudoeconomics or your half-assed attempt to economically justify this horrible decision
 
 
 
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