Compound Income
  • Blog
  • Scores
  • Portfolio
    • Table of Returns
  • Resources
    • Check list
  • About
  • Contact



Europe - The Final Countdown,  reasons to be Fearful or Cheerful?

20/2/2015

0 Comments

 
Well it is Friday and a quiet news day otherwise apart from today supposedly being the latest deadline for an extension or otherwise to the Greek bailout or it could even run until the end of the month when their financing will run out. As a result markets seem to have become becalmed in some kind of lull before the storm perhaps. Coincidentally in the UK the FTSE 100 is hovering close to its resistance from the highs in 2000 and 2007 as you can see in the chart below.
Picture
So I guess as we wait and see who blinks first in Europe this will probably help to determine if we will breakdown again and remain trapped in the range that has applied since 2000 or if we will finally breakout? I'm hopeful that we might see the market progress this year as there are several reasons to be cheerful that have emerged in recent months both domestically and internationally such as:
  • The fall in the oil price which should boost the global economy although some query that.
  • The forthcoming introduction of QE in Europe which should be supportive of financial assets in Europe and beyond.
  • US economy picking up allowing the Fed to consider raising rates
  • Inflation rate remaining low and under control and interest rate remaining low
  • UK real wages finally progressing on the back of lower inflation and the economy growing well
  • Tentative signs of a ceasefire in Ukraine, although it does not seem to be holding.
You get the idea and even the Guardian wrote a piece called - Seven reasons why the FTSE 100 is heading towards a record high.

So as we await The Final Countdown in Europe it put me in mind of that big haired bunch of Euro rockers and and their song, which if you change a few words can be spookily appropriate and see the accompanying videos at the end:

We're leaving together
But still it's farewell
And maybe we'll come back
To the table, who can tell?
I guess there is no one to blame
We're leaving the Euro
Will things ever be the same again?

It's the final countdown
The final countdown

Ohh
We're heading for default and still we stand tall
'Cause maybe they've seen us and welcome us all, yea
With so many tight years to go and things to be funded
(To be funded)

I'm sure that we all miss her so (Angela perhaps?)

It's the final countdown
The final countdown
The final countdown
(The final countdown)
Ohh ho ohh

The final countdown, oh ho
It's the final countdown
The final countdown
The final countdown
(The final countdown)

Ohh
It's the final countdown
We're leaving together
The final countdown
We'll all miss her so
It's the final countdown
(The final countdown)
Ohh, it's the final countdown
Yea

In case you're not familiar with it here's the video for The Final Countdown if you want to sing along to it or Reasons to be Fearful or Cheerful if you prefer?  Cheers or prost as they say in Germany - have a great weekend.
0 Comments



Leave a Reply.

    RSS Feed

    Google+

    Archives

    December 2020
    November 2020
    October 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    August 2019
    June 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014

    Categories

    All
    32Red
    Aberdeen Am
    Admin
    A G Barr
    Alliance Pharma
    Alternative Telecoms
    AMEC
    Amino Technologies
    Amlin
    Anglo Pacific
    Asset Allocation
    Auto Trader Group
    BA Systems
    BATS
    Behavioural Finance
    Bellway
    Berendsen
    BHP Billiton
    Bloomsbury Publishing
    Bodycote
    Books
    Bovis Homes
    BREXIT
    Britvic
    Catlin-group
    Central Asia Metals
    Centrica
    Character Group
    Churchill China
    Cineworld
    City Of London Investment Group
    Clarkson
    Commercial Property
    Compound
    Computacenter
    Connect Group
    Croda
    Currencies
    Demographics
    Diageo
    Diploma
    Directors Dealings
    Dividends
    Easyjet
    Economics
    Emerging Markets
    Emis
    Empiric Student Property
    Etfs
    Fairpoint
    Ferguson
    Ferrexpo
    Finsbury Foods
    Food Retailers
    Forterra
    Games Workshop
    Gateley
    Go Compare
    Goid
    Greene King
    GSK
    Hargreaves Services
    Hays
    Headlam
    Hedge Funds
    Hill & Smith
    House Builders
    Howden
    HSBC
    IG Group
    Imperial Tobacco
    Indivor
    Inflation
    Insurance
    Intermediate Capital
    Interserve
    Investec
    Investment Trusts
    It
    ITV
    James Halstead
    Jarvis Investment Management
    JLT
    Jupiter Fund Management
    KCOM
    Kingfisher
    Legal & General
    Lloyds Bank
    Maintel
    Man Group
    Market Timing Indicator
    Market Valuation
    Marston's
    Matchtec
    Media
    Merlin Entertainment
    Micro Focus
    Mining
    Mitie
    Miton Group
    Moenysupermarket
    Mondi
    Moneysupermaket.com
    Music
    National Grid
    N.Brown
    News
    Next
    Nichols
    Norcros
    Oil
    Page Group
    Paypoint
    Pennon
    Persimmon
    Personal Finance
    Pharmaceuticals
    Phoenix Group
    Photo Me
    Photo-Me
    Plus500
    Podcasts
    Polar Capital
    Politics
    Portfolio
    Portmeirion
    Provident Financial
    PZC
    Qinetiq
    Ramsdens Holdings
    Rank Group
    Reckitt Benckiser
    Renewable Energy
    Renew Holdings
    Renishaw
    Research Papers
    Restaurant Group
    Retailers
    RIO
    RM Group
    Rolls Royce
    RPC
    RPS
    Safestore
    Sainsburys
    Savills
    Schroders
    Scores
    SCS Group
    Sell Discipline
    Shareholder Yield
    Share Picks
    Short Interest
    Somero
    Spectris
    Sprue Aegis
    SSE
    Stock Spirits
    S & U Plc
    TalkTalk
    Taptica
    Tax
    Technology
    Telecoms
    Tobacco
    Trading Ideas
    TSB
    TUI
    UK Market Update
    Unilever
    Utilitywise
    Value
    Victrex
    Vodafone
    VP.
    Water Utilities
    WH Smiths
    William Hill
    Wynstay
    XL Media
    XP Power
    Yield
    Zytronic

    googleda4a17cac6d02bb9.html
    File Size: 0 kb
    File Type: html
    Download File

Powered by Create your own unique website with customizable templates.
  • Blog
  • Scores
  • Portfolio
    • Table of Returns
  • Resources
    • Check list
  • About
  • Contact