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| Britain |
| Investors are betting on a Black Monday-style collapse, BoE warns |
| 2010-06-14 |
| Investors are placing bets on a Black Monday-style crash in the British stock market at the fastest rate since the collapse of Lehman Brothers bank in 2008, the Bank of England has warned. |
| Posted by:tipper |
| #3 Interesting that they chose to put out such a bearish press release. Perhaps a shot at the EUro? |
| Posted by: Nimble Spemble 2010-06-14 21:42 |
| #2 the number of investors betting on a 20 per cent fall in the FTSE 100 index, based on their purchase of options connected to such a scenario, had risen from below 5 per cent to about 13 per cent in the past month alone. These things are normally contrary indicators. But the merde has to hit the fan fairly soon in the soveriegn debt crisis, next 12 months IMO. |
| Posted by: phil_b 2010-06-14 21:32 |
| #1 2.21 pm and the Footsie up 38.5 points... |
| Posted by: Grunter 2010-06-14 14:23 |