Follow the money

[JohnD]

Brexer profits from Britain's collapse

"Odey Asset Management has declared £149m of short positions against UK shops, banks, estate agents and property companies.

However, the fund has performed strongly in recent months, as the pound has fallen further and the share prices of a number of British businesses Odey bet against have collapsed.

His fund has gained more than 50% so far this year, including a return of 7% in October, making it one of the world’s best-performing hedge funds, according to the Financial Times."

"Odey was one of the most prominent supporters of the drive to leave the EU and donated almost £900,000 to pro-Brexit campaigns. He placed huge bets against the pound and government bonds in the run-up to the June 2016 referendum and made an estimated £220m profit when the pound collapsed following the leave victory."

https://www.theguardian.com/busines...Ud341sozuapHXVofFH_WKWqtdr1SrbV1GyCTiPnxDq-OU

 

[sodthisforfun]

Do you look at anything else on the internet John?

 

[ban-all-sheds]

Are you not glad to be informed of the truth?

 

[Notch7]

Britain's collapse

What collapse?

Uk Q3 2018:

• US: +0.9% quarterly growth in Q3 (or 3.5% on the ‘annualised’ basis used in America)
  
• UK: +0.6% quarterly growth
• France: +0.4% quarterly growth
  
• Eurozone: +0.2%
  
• Italy: Stagnation
• Canada: 0.2% growth in July, and 0.1% in August

 

[sodthisforfun]

Are you not glad to be informed of the truth?

You're joking right? I don't get my 'truth' on Brexit from here. I go reading for more balanced information.

 

[Notch7]

Are you not glad to be informed of the truth?

Yes that would be good, instead of JohnD's posts

 

[Doppleganger]

What collapse?

Uk Q3 2018:

• US: +0.9% quarterly growth in Q3 (or 3.5% on the ‘annualised’ basis used in America)
  
• UK: +0.6% quarterly growth
• France: +0.4% quarterly growth
  
• Eurozone: +0.2%
  
• Italy: Stagnation
• Canada: 0.2% growth in July, and 0.1% in August

Clearly something resembling collapse is occurring.
United Kingdom: Real gross domestic product (GDP) growth rate

https://www.statista.com/statistics...roduct-gdp-growth-rate-in-the-united-kingdom/

Growth of real gross domestic product (GDP) in EU member states in the 1st quarter 2018

https://www.statista.com/statistics...tries-compared-to-same-quarter-previous-year/

UK is fifth from the bottom, for that don't look at the original website.

 

[JohnD]

I wonder what has convinced notch that this is not true.

"Odey was one of the most prominent supporters of the drive to leave the EU and donated almost £900,000 to pro-Brexit campaigns. He placed huge bets against the pound and government bonds in the run-up to the June 2016 referendum and made an estimated £220m profit when the pound collapsed following the leave victory."

Perhaps it simply does not conform to his perception of the world. Which is not at all the same thing.

 

[JohnD]

No doubt notch thinks this isn't true.

 

[Notch7]

Clearly something resembling collapse is occurring

Nothing resembling collapse is happening.

As evidenced by graph, which shows GDP is growing.

UK is fifth from the bottom, for that don't look at the original website

Why bother posting out of date information, Ive already posted more recent data that shows the UK growth is faster than EU av. So by your definition the EU is collapsing.

 

[Doppleganger]

Ive already posted more recent data

Post the source of your information so it can be tested.

 

[Notch7]

Post the source of your information so it can be tested.

Dont you know how to google UK GDP 2018 Q3

 

[durhamplumber]

Dont you know how to google UK GDP 2018 Q3

ROFL...way to go Notchy old boy!

 

[Doppleganger]

Ive already posted more recent data

Post the source of your information so it can be tested.

Dont you know how to google UK GDP 2018 Q3

Of course, but I want to examine your source, and the data that you presented, not some random data off t'internet.
Was there something you don't want us to know?

 

[ReganAndCarter]

Herring must have been released from his secure unit. Nothing for months, then suddenly blanket coverage of drivel.

NURSE!!!!!!