Dover.uk.com
If this post contains material that is offensive, inappropriate, illegal, or is a personal attack towards yourself, please report it using the form at the end of this page.

All reported posts will be reviewed by a moderator.
  • The post you are reporting:
     
    Alexander.

    Yesterday the FTSE100 and all the other indexes fell, not just bank stocks. Over 4% in fact.

    We are experiencing extreme volatility in the markets lately. The attempt by the France and Germany to impose a new tax on financial transactions meant the banks fell particularly badly. Numbers from the USA announced added further to the market woes.

    This is nothing about 'bankers being at it' whatever that means.

    Currently every bit of news, negative or positive, is having an exaggerated effect on the markets. It will pass though I expect the volatility to continue for quite a while yet.

Report Post

 
end link