Anyone keeping half an eye on stock and share prices today ?

@gol979 i just wondered if a department within government somewhere had released news or data that might have caused such a yo-yo effect over the last couple of days.

@Picklebobble2 could have......confidence in the market, capital flight and all that. I have a very rudimentary understanding of economics etc but just looking at how these companies conduct business......especially apple, then peaks and troughs are inevitable

@gol979 Plus everybody's watching Christmas sales. Especially high street retailers.

@Picklebobble2 yeah, but I don't think the retail sector will create a big crash, there's an inbuilt QA as consumers. With the tech companies they are pretty much monoplies, so any down turn will be felt considerably add to this that the financial sector hasn't been regulated since the 2008 crash many economists are predicting another crash

@gol979 The banks took a kicking following the loan scandal that caused the '08 crash.
Severe curbs on their risk management as a result have seen some banks grumble at their 'inability to make money'.

What worries many Brits. is that once we leave the E:U that effectively puts the banks back in the driving seat with regard to re-floating the economy.

@Picklebobble2 rubbish......the banks took zero amount of kicking. The whole sector should be regulated but nothing was done, look at their profits and tell me what they are grumbling about. But there was a transfer of wealth from the poor to the rich with the bailout and then quantitative easing was used to maintain property prices......and under the auspices that we, the public, need to tighten our belts we get austerity (which is economic nonsense and therefore an ideology, which I would say represents class war).
I would worry about a no deal but I think think that if Labour got in their economic plan (although I don't think radical enough) will make our economy more equitable. I'm not sure it can work in isolation but I would be willing to try

@gol979 I agree entirely. 'Austerity'. Can you imagine [i]any[/i] other country coming up with THAT as a form of a country's economics ??

@Picklebobble2 it's not just here it's across the globe. Check out yannis varoufakis on how the eu dealt with greece. It was a big factor as to why I started looking at what the eu does economically and part of the reason I voted to leave

@gol979 Greece. Ireland. UK about to leave....whose next ? Italy ? some of the smaller nations ?

@Picklebobble2 Italy just had their budget rejected by the eu......there's a big anti eu sentiment growing and they are doing themselves no favours.....in fact I don't think they can. It's just a huge cog in the neoliberal (and this economic theory seems to be aligning with the right) machine.
Look what happened with Brazil when bolsanaro, a massive right wing authoritarian, was elected. The markets jumped up because they know that he will open up Brazil's market to foreign investors, smash workers right, deregulated. This in political speak is, a stable market, suitable for business