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9 Aug 19, 07:04 PM |
#271
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Thread Starter
Imagineer
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Because more than two-thirds of the index’s earnings come from outside the UK. As the value of sterling falls, it pushes up earnings per share, which means these companies are making more money.
So even though the British economy is heading into a recession, the FTSE will be little impacted. Meanwhile the FTSE 250 which is more reliant on UK earnings is heading down |
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9 Aug 19, 07:11 PM |
#272
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Imagineer
Join Date: Sep 10
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9 Aug 19, 09:05 PM |
#273
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Imagineer
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9 Aug 19, 09:07 PM |
#274
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Imagineer
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9 Aug 19, 09:08 PM |
#275
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Imagineer
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9 Aug 19, 09:30 PM |
#276
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Imagineer
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9 Aug 19, 09:37 PM |
#277
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Imagineer
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Almost £1 = € 1
We’re finally joining the euro! Congrats Brexiteers. Edited at 10:50 PM. |
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10 Aug 19, 08:08 AM |
#278
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Imagineer
Join Date: Sep 10
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No we’re not in that much trouble. Well not yet
Surely we wouldn’t be that stupid. Edited at 08:09 AM. |
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10 Aug 19, 09:49 AM |
#279
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Imagineer
Join Date: Feb 13
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Thanks.
Surely in the last recession the FTSE 100 tanked form over 6000 to under 4000. So massive impact? Edited at 09:53 AM. |
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