Blog  > External Blog  > Upside down markets

Blog Post

StefanoBuliani [794] Star!

Start tracking!

You are not tracking stefanobuliani.

<< Previous Post     Next Post >>

27-Feb-09

Upside down markets


I’m not quite sure what’s happening here.
Government intervention seem to have turned the rules of the Market upside down.

Lloyds TSB just reported profits for the year of roughly 300 million pounds. Guess where the shares are going, that’s right, down. Admittedly this is a big drop in profits compared to last year, however it’s a brilliant result compared to RBS’s 30 billion loss. Guess how rbs shares fared. They went up. That’s because the UK government promised additional money.

This is not how a healthy market should behave. Nor it is how capitalism can be “fixed”.

I’ll steer clear of financials for a while still.

 

Posted at 00:07 in External Blog  |   Permalink   |  Top

AddThis Social Bookmark Button
 

0 Comments on "Upside down markets"

You must be logged in to post a comment.

Top

 
 

 

Categories

External Blog (23)

Holding Rationales (21)

Watchlist Ideas (3)

Holding Tags

AAPL (5)

AKAM (1)

BLDP (1)

CHINA (5)

CSUN (4)

DELL (2)

EGHT (1)

GW (1)

L (1)

MSFT (1)

RIMM (2)

T (2)

Watchlist Tags

GOOG (2)

OLD:ES:ELE (1)

Other Stock Tags

DUG (1)

GS (1)

HD (1)

LEHMQ (1)

MS (1)

VZ (1)

YHOO (1)

 

Archives

Oct 2009 (1)

Mar 2009 (2)

Feb 2009 (1)

Dec 2008 (4)

Sep 2008 (1)

Aug 2008 (1)

Jul 2008 (1)

May 2008 (2)

Apr 2008 (9)

Mar 2008 (1)

Feb 2008 (2)

Jan 2008 (1)

Nov 2007 (2)

Oct 2007 (6)

Sep 2007 (2)

Aug 2007 (2)

Jul 2007 (1)

Jun 2007 (2)

May 2007 (6)