After the sharp declines on Friday, I may have got it wrong....
But hey, the price of sheep in Romania is up....
Showing posts with label markets. Show all posts
Showing posts with label markets. Show all posts
Saturday, February 21, 2009
Tuesday, February 03, 2009
Levelling out?
I get a feeling - just a feeling - that the markets are beginning to get to some sort of stability.
Probably wrong.
PS
A friend tells me he thinks the same. The markets have discounted how awful 2009 is going to be, but interest rates here will soon be in the lovely Winchester Whisperer's ZIRP zone.
So looking forward, FTSE in the 4000 region is a strong BUY.
PPS
Don't think the crunch is having much of an effect on Romania.When we started we were paying about Eur 500-600 per hectare - that was about 20 months ago. Admittedly for a very good bit of land, we've just paid the equivalent of Eur 2000 per Ha. And sheep prices are up....
Probably wrong.
PS
A friend tells me he thinks the same. The markets have discounted how awful 2009 is going to be, but interest rates here will soon be in the lovely Winchester Whisperer's ZIRP zone.
So looking forward, FTSE in the 4000 region is a strong BUY.
PPS
Don't think the crunch is having much of an effect on Romania.When we started we were paying about Eur 500-600 per hectare - that was about 20 months ago. Admittedly for a very good bit of land, we've just paid the equivalent of Eur 2000 per Ha. And sheep prices are up....
Wednesday, January 14, 2009
Brown " Won't hesitate to do more to revive lending.."
I can only assume the reason the markets are tanking is because Brown keeps interfering....
PS
Guido has another nice piece on the curse of Jonah
PS
Guido has another nice piece on the curse of Jonah
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