Just heard someone in the financial sector saying...

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Just heard someone in the financial sector saying...

Post by Tommy Monk on Sat Jun 25, 2016 12:53 am



...that all the trading that happened after 10.00pm was down to a poll they created and published that showed a remain vote result!!!



Not got a link as yet but it was just on LBC radio... time now 00.52... was just a few minutes ago...



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Re: Just heard someone in the financial sector saying...

Post by Tommy Monk on Sat Jun 25, 2016 1:05 am




What about that last-minute Ipsos poll?
Ipsos MORI conducted a final poll, extending their fieldwork to the last day of campaigning, which predicted an eight-point win for Remain. This, coupled with the financial markets, led Ukip's Nigel Farage to last night declare: "It looks like Remain will edge it."

Why were the polls wrong?
One factor was the refusal of analysts to accept that phone and online polls would reach different demographics, says the Telegraph, leading to a "falsely encouraging" conclusion for the Remain camp. According to Carr, some pollsters could not resist "the temptation to put their thumb on the scales"?

They took "unusual measures" with their final polls which "at first glance appear to be designed to push up the scores for Remain", he adds. These included the "fairly arbitrary" decision by ORB to allocate floating voters three-to-one in favour of Remain.

Carr isn't suggesting a conspiracy - rather, polling firms were under tremendous pressure to give a clear answer one way or another, instead of maintaining that the result was too close to call.

What about the markets and the bookies?
Even as late as five hours before the results were clear, betting markets gave Remain a 96 per cent chance of winning the vote, says NYT's Cohn, while the financial markets got it completely wrong.


http://www.theweek.co.uk/eu-referendum/65461/latest-eu-referendum-result-david-cameron-will-resign-by-october-after-brexit

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Re: Just heard someone in the financial sector saying...

Post by Ben Reilly on Sat Jun 25, 2016 1:31 am

No, Tommy. It was Brexit that plunged the global economy into turmoil, not the prospect that it would not happen.

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Re: Just heard someone in the financial sector saying...

Post by Tommy Monk on Sat Jun 25, 2016 1:41 am

No... it was casino style banking that does that...


And the latest poll said remain was a sure thing...



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Re: Just heard someone in the financial sector saying...

Post by nicko on Sat Jun 25, 2016 5:46 am

Why have we plunged the market into turmoil?

all i'v heard from Veya, Quill and you is that Britain is a small island with no influence on world affairs.

Seems we are more important than you thought.



All those "hill shepherds"count for nothing you said.
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Re: Just heard someone in the financial sector saying...

Post by veya_victaous on Sat Jun 25, 2016 7:05 am

no control, not no influence
that is why none of it is panning out they way England wants.

the UK may well be reduced to Wales and England.

No one is banging on the door to trade with a independent England

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Re: Just heard someone in the financial sector saying...

Post by Ben Reilly on Sat Jun 25, 2016 7:13 am

veya_victaous wrote:no control, not no influence
that is why none of it is panning out they way England wants.

the UK may well be reduced to Wales and England.

No one is banging on the door to trade with a independent England

Pretty sure I even saw someone floating the prospect of a Wales referendum! Man, the Empire has been in decline for a while but who'd have thought it would end in suicide?

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Re: Just heard someone in the financial sector saying...

Post by veya_victaous on Sat Jun 25, 2016 7:24 am

Ben Reilly wrote:
veya_victaous wrote:no control, not no influence
that is why none of it is panning out they way England wants.

the UK may well be reduced to Wales and England.

No one is banging on the door to trade with a independent England

Pretty sure I even saw someone floating the prospect of a Wales referendum!  Man, the Empire has been in decline for a while but who'd have thought it would end in suicide?

yeah, quite unexpected Wink

if Wales leaves too that would really be the end of the UK and Britain.
this vote is truly momentous stuff.

A lot will depend on the EU reaction and it seems like it might be harsh, to prevent others from leaving as they will be watching the impact on the UK

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Re: Just heard someone in the financial sector saying...

Post by nicko on Sat Jun 25, 2016 8:58 am

Why don't you wait and see what happens in a few months,instead of spouting bollocks like your all experts on economics.
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Re: Just heard someone in the financial sector saying...

Post by Didge on Sat Jun 25, 2016 9:10 am

Ben Reilly wrote:No, Tommy. It was Brexit that plunged the global economy into turmoil, not the prospect that it would not happen.

A drop in shares for one day is not turmoil for the global economy.
There is no recession and its you pandering to fear more than anyone.
If a recession occurs because of this, then come back and moan if you so wish, but again, the US has caused actual global recessions, so again best you learn from the constant screw ups made by the US before jumping the gun claiming something which is not the case.

http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/indices/summary/summary-indices.html?index=UKX

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Re: Just heard someone in the financial sector saying...

Post by nicko on Sat Jun 25, 2016 9:46 am

Ben is not up to the mark on global economics.

Neither am I admitted, but I don't panic unlike some.
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Re: Just heard someone in the financial sector saying...

Post by Tommy Monk on Sat Jun 25, 2016 12:36 pm

I think people are missing the point... the so called 'financial turmoil' was triggered by the casino bankers thinking remain was a sure bet!!!



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Re: Just heard someone in the financial sector saying...

Post by Tommy Monk on Sat Jun 25, 2016 7:17 pm

The BBC confirmed a leave vote at 4.43am uk time Friday morning...


Now... when did all the financial turmoil start?


And what result did all the last polls say was going to happen...?



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Re: Just heard someone in the financial sector saying...

Post by The Devil, You Know on Sat Jun 25, 2016 8:19 pm

the ftse has crashed to a position slightly higher than last week

oops

https://www.google.com/search?q=ftse+100&ie=utf-8&oe=utf-8&client=firefox-b

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Re: Just heard someone in the financial sector saying...

Post by Lord Foul on Sat Jun 25, 2016 8:23 pm

blimey...look who's popped uop here then.....

LTNS old nick.... Razz

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