Pollspam

[wellinghall]

[Poll #1197914]

Comments

[atreic.livejournal.com]

Some friends who said they were going to come to a folk festival with us have now said they won't because they need to pay more money into their mortgage instead. Is that what this question is about? It made me sad.

[alitalf.livejournal.com]

I hope it is possible to avoid the economy getting into a stagflationary situation, as in the late 1970s and early 1980s, but this now appears one possibility. What do you think?

To get out of that, it seems to me that we needed both some luck and a leader who was willing to make decisions that allowed the economy to recover, but made her an iconic image of hate among some. I have no reason to think that either of these two conditions will occur in the medium term, and one on its own may not be sufficient.

I fear that, though bad decisions by government could make the situation worse, even the wisest decisions could not fully insulate the UK from global economic problems. Sadly, the decision making looks to me to be, at best, incompetent.

[findabair.livejournal.com]

Note to self: look up 'equity' O_O

[wellinghall.livejournal.com]

And make sure you get the relevant definition ... ;-)

How are you? We can't wait to come to Norway - I've just paid for the rest of the holiday (gulp!)

[romancinger.livejournal.com]

I ticked 'to some extent' because I have in fact spent today sorting out some financial matters (to do with a bank that has been in the news today). But I'm not sure if that actually has to do with equities...

[didiusjulianus.livejournal.com]

I hope it's not the bank that you partly bank with that I also do...haven't caught much news today?

I ticked "to some extent" because in the long run the current volatility (and especially, the downward trend over the short-medium term) will affect me by actually being of personal benefit. It may also affect me negatively in other ways due to the effect on the economy impacting on other areas of cost of living, equity issues affecting other people around me, etc., but I think the positive will still personally outweight the negative.

[didiusjulianus.livejournal.com]

Hmm. Now I am not sure that wellinghall's definition of "equity/ies" is the same as mine. My answer applies to my definition though ;D

[philmophlegm.livejournal.com]

My equity investments are all long-term, so any short-term volatility is not ultimately a problem.

There is an indirect effect on me in that the financial performance of JOLF (and thus the size of my bonus) is affected by the volume of mergers and acquisitions. Since stable equity markets make it easier to make these sort of deals, fewer deals happen in more turbulent times. If there are fewer deals being made, then there is less work for the high-earning transaction services and corporate finance wings of the firm. And this means smaller profits for the partners and smaller bonuses for the employees.



By the way, from the other comments, it seems that many are unclear what you mean by "volatility in equity prices". Perhaps you should explain...

[findabair.livejournal.com]

Well - looked it up, still don't understand the question properly :) Not really surprising though, as economics isn't really my thing at all.

I'm busy enjoying the fantastic weather we're having. Often, late August has good weather too - hopefully that will hold for this year when you're here as well :)