asset bubble

1466 days ago

More Taxpayer cash needed for strippers of colour & transgender strippers – a tale of our times

The handouts are happening in the woke US state of Oregon.  More than 75 strippers will be each given grants of $2,250 for assistance with rent, utilities and internet.  It is all so 2020.

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1485 days ago

Shorting even frauds is like pissing into the wind

It is not just in mining juniors where some valuations are bonkers or among those stocks that have jumped onto the Covid bandwagon, madness seems writ large across the market. But perhaps there is a madness in valuations which cannot be justified on fundamentals and that is that the market is telling you that are living through another asset bubble?

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1921 days ago

Tom Winnifrith Bearcast: Sajid Javid = unprincipled tosser on house prices & the gating date for Woodford's Income Focus Fund

I start with the case of a banker Andrew Tinney who “acted without integrity” but thinks he has done nothing wrong. Discuss. Then ex banker Sajid Javid who wants to ramp up the housing asset bubble by switching stamp duty from buyer to seller. Why do you think he is oing that? Finally to Neil Woodford’s Income Focus Fund and a discussion of why it should be gated now but when it will actually be gated.

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2328 days ago

It looks like I am not alone on the treacherous Mrs May Brexit sell out – the Tories will not be forgiven

A Survation poll taken on Saturday shows the Tories falling fast to 38% and Labour rising to 40%. And the Brexit betrayal backlash is only just beginning. For starters, Mrs May’s henchmen have so far managed to gag most Tory MPs with threats while they spin the line that her betrayal is a good deal for Britain and is essentially what we 17.4 million voted for. That gag and that lie won’t hold for long. And secondly many of us were too bothered about the World Cup and associated drinking to take on board the full scale of the treachery, of the red lines and ,manifesto pledges abandoned. Only now is that sinking in.

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2664 days ago

The fraudster's friend Vince Cable talks unmitigated drivel on Brexit

The last time I felt under attack from Sir Vince Cable was when he called on the FCA to deal with myself and fellow critics of that Great British company Quindell (QPP). As, even Sir Vince now knows, Quindell was the UK's biggest stockmarket fraud for 30 years, the regulators have thanked me for my work exposing it but Sir Vince worked hard with Lord Peter Hain of sleaze and others to get me sent to jail for market abuse.To the man who has predicted 17 of the last 4 recessions I say thank you once again for your efforts. Now he calls folks like me, hardline brexiteers, "jihadis" in an article in the Mail on Sunday which, even by the standards of that paper, is lie filled fiction.

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