>brexiteers: "hur the pound will recover xDD"
Seeing any recovery?
wow, the real question now becomes... how can /pol/ ever recover?
>>78816823
there's still hope to BTFO Farage and /pol/
>>78816717
>>78816823
>implying Brexit is worse than the 2008 financial crisis
>>78816717
It's the fucking weekend you nutbutter.
>>78816717
really makes you think(about the market being closed for the weekend.)
>>78816717
Markets don't open until Monday you pleb.
>>78816717
Gee it's almost like markets and exchanges are closed on Sundays.
>>78816717
are brits really this stupid?
It's been three days — we're not even out of the EU yet.
How's about we wait and see what happens, ffs.
>>78816717
show the graph from one month ago until today.
I'll wait.
>>78816717
It's wekend you illiterate leftist.
>>78817507
Wow, the entire nation just collapsed after a few days of just voting to leave. They should vote remain even though they're still technically in the EU.
>>78816717
DB thinks the UK stock market will outpreform the EU countries if the pound stays weak. Didn't everyone want a kickass export economy? Because that's what you're gonna get.
>>78816717
>British education
>>78817237
>>78817314
>>78817354
>>78817572
>>78817286
these people understand, why don't you?
>>78816717
>Brexit on Friday
>markets closed over weekend
>most of the panic is pure speculation
Even in America, news channels say the fall in the pound is pure panic for no reason.
Keep calm Britbros, if getting ahead in life were easy, everyone would do it.....
>>78816717
Looks like a correction to me.
If that's what it's worth, that's what it's worth.
>>78817015
Nah senpai
But you can cry louder
http://www.bbc.com/news/uk-politics-eu-referendum-36634407
>>78817857
>kickass export economy
Is this what's really going to happen? I can't into economics...
>markets open at 5pm sunday
LEFTISTS ECONOMICS STRIKE AGAIN
>>78816717
>1 week
Wow sure is significant
>>78816717
The markets close on the weekend you utter fucking retard.
>>78818027
Because the experts didn't say so.
>>78817015
Not going to happen. You don't get to keep passing referendums until you get the result you want faggot. That's the equivalent of Shillary loosing and holding a second election to try and change the outcome.
>>78817237
lmfao it's like people don't even try to understand markets
>>78816717
10c is fucking nothing
the AUD was above parity with the USD just a couple of years ago
right now it's worth 70c
all of this scaremongering is getting old
>>78816717
It's Sunday
I hope this is a troll thread
>>78817104
Damn. Pretty nuts that the GBP really hasn't even approached pre-crisis levels. Really starting to think that this "recovery" is just the new normal but the financial media can't give up the story. How will we be able to ever really declare that everything is ok and finally the world markets are back to normal? IMO we'll have left this earth before that happens. The financial media will never give up the "slowest recovery ever" headline.
>>78816717
uhm Markets don't open till tomorrow...
its the weekend
>>78816717
>baww I thought freedom would be free
>>78817015
/pol/s inside man has already delivered the hammer of justice in the name of freedom.
>>78818115
A weak currency does help exports. Being able to get more pounds for your dollars or euros means products being bought from the UK are effectively cheaper. This is a big part of why China keeps their currency artificially low.
>>78816717
It's called the weekend you gigantic faggot.
>>78816717
They've stopped doing trading you fucking cretin
>>78816717
A little bit stable by the end of Friday. I am not looking forward to Monday. But the tiny bit of Pound stability on Friday was about the only sign of hope that could expand through next week.
>>78816717
IT'S SUNDAY YOU DUMB FUCK. MARKETS ARE CLOSED.
>>78816717
there have been only 3 days u fucking faggot
>>78816717
>hur the pound is fucked XDDDDD
markets are closed raging remainer
>>78817354
We are. Including me.
It's the weekend, my 12 year old friend. :)
>>78816717
I personally want the global economy to crash. Its been on life support for over a year now, its been flat for over a year. Investors don't want to invest their money when stocks are so flat and prices are already topping. Its time for a crash so new money can re-invest.
Still worth more than the US Dollar, Australian Dollar, and the Euro. Plus, the stock exchange in London isn't even open
>>78817286
/thread
>>78816717
Nobody said it would recover in 3 god damned days, especially over the weekend.
>>78816717
Are you ok? It's the weekend m8.
Also
>Biggest political shakeup in decades
>The pound should recover completely in less than a week
>>78816717
Week pound is good for your export, dear british.
I'm going to Germany next week. Will my spending power be noticeable greater than when I was there last summer and fall? I use my ATM card to withdraw euros because Schwab covers any ATM fees. Would recommend for travelers. But I mention that because exchange rates are supposedly more current when using an ATM.
>>78818115
You want your currency to be a little cheap, because the people you do business with have to buy your product in your currency. So its advantageous if they can get a cheaper deal trading their currency for yours.
On the other hand, you dont want it to drop to Drachma like levels, because then you lose investors.
>>78817237
>>78817286
>>78817314
>>78817572
>>78818027
You're all retards. Forex markets never, ever close. Valuta is traded 24/7, 365 days a year.
Granted, the stock market is closed on the weekend and that is likely why the GBP hasnt shifted much, along with no relevant news coming out in the last few days. But the Forex market isnt actually closed.
>stock exchange
>on SAT or SUN
>3 posts by this ID
BAITCON LEVEL 3
>>78820103
You'll be better off than last year, the exchange rate is currently at late 2014 levels
>>78819322
>>78819462
Hahahaha my sides with this dipshit. Good thing we let these uninformed children vote right guys?
>>78820103
The Euro and American dollar have dropped so, it'll probably be the same.
Really not sure why the American dollar dropped, fucking retarded ass normies in the stock market ruining everything.
>>78820713
>>78820931
>valuta is traded on the stock exchange
Look, if you dont know what you are talking about either, just shut up. Forex =/= stocks.
>>78820948
Well, the global economy is tied to each other. Investors speculate against the dollar because they think the USA will do less business with the UK.
Makes no sense to think that in my opinion, but that is the reason.
Oh and also, everyone going short on everything caused a huge drop.
>>78820715
>>78820948
Looks like for a short while in November it was lower, which is when I was there. But it was a brief window before heading back up. Maybe this week will send it tumbling back toward that area.
>>78816717
>wow, the real question now becomes... how can /pol/ ever recover?
UK joined to EU 1973
IT REALLY MAKES YOU THINK!
>>78824990
Fuck! Lets try again!
>>78816717
Redditfags get the fuck out REEEEEEEEES
SAGE
LOL IT'S ACTUALLY FLATLINING
>>78816717
It's literally been ONE trading day...
>>78816717
Literally pic related
Kill yourself OP
>>78816717
>still worth more than USD
Oh God the sky is falling!
>>78816717
Keep an eye on the Nikkei 225 index.
If it drops greatly again, so will the DJI,
>>78816717
A recovery takes longer than 2 days mate.
>>78821372
Don't even try discussing markets or the economy here. Most of /pol/ thinks we should go back to the gold standard.
>>78816717
Manufacturing for the domestic market will do great; EU goods just got more expensive and British goods just got cheaper
>>78816717
They will short it to fuck tmmr
>>78817104
>mfw I wish I could go back and buy all my electronics at 2007 rates again
Christ, why are you guys so butthurt?
The economy will recover as soon as Britain officially makes its new trade deals and investor faith is restored within the markets.
This is literally economics 101
>>78826675
>I'M LITERALLY SO SCARED RIGHT NOW I DON'T KNOW WHAT'S GOING TO HAPPEN BUT I'M SCARED OLD PEOPLE HAVE RUINED IT FOR US YOUNG FOLK FUCK DEMOCRACY
lmao brits must lack fortitude if they can't even last this long without panicking
>>78816717
Why is it that whenever there's a significant drop in a financial market or currency they show graphs only covering say the past week and only showing a scale that makes it look 10x worse than it actually is.
It went from an average around $1.47 to around $1.37. Yeah that's a significant drop but hardly disastrous.
Besides that these things tend to bounce back at least a little bit within a few days to a few weeks. Why aren't you looking at these things in a long term perspective?
>>78816717
Wow, look how stable it was over the whole weekend! Probably the most stable currency in the world now.
>>78816717
>China's cheating by devaluing their currency
>The Pound is dropping, the Bongs are screwed
Pick one
>>78827910
>Why aren't you looking at these things in a long term perspective?
Because that doesn't make good news.
>>78816717
> 2 days already
> WOW, NO RECOVER, BLEXITERS BTFO!!!!
This takes some time, post the GBP in 2 months again
>>78816717
Im guessing it will recover a bit Tuesday, then drop again, then start a slow gain Wednesday. It will most likely be at its lowest tomorrow morning.
>>78816717
Brit exports are cheaper now? Cool
>>78826675
Even remain campaigners have said the warnings of economic apocalypse were hugely exaggerated. The social media generation just don't have enough experience to know that politicians just make shit up to make people vote their way.
>>78831843
Post your Gay BoyPussy now instead
>>78818660
OP BTFO
>>78816717
You came here right after watching thundercunt's salty video, didn't you?
The Pound not yet, but the FTSE recovers with no problem, meaning the Pound will soon follow suit. Furthermore the Pound was artificially deflated just before the referendum, so well done misrepresenting the data.
>>78826056
Holly shit. I take openGL support over 0,1 of a frame any day.
>>78832469
like "we're gonna spend £360m a week on the NHS if we leave the EU"?
yeah fucking millennials
>>78832876
Yes like that. It's politics.
>>78833118
True m8, there's no use in getting angry when people get manipulated it's all part of the game tbf
>>78818783
>Not having trust in the british people to BTFO lefties again in a second referendum
0/10 would not have a pint with
>>78833230
It's your own fault for believing rhetoric if you feel deceived (and polls show very few leave voters actually do). Especially in this age where information is so easily accessible. I personally didn't base my decision on a single lie, because I bothered to research the issue independently.
>>78817628
It's almost as if nothing happens on weekends.
>>78832469
Greece has a stock market? I figured that had already been moved to the DAX.
