It would not surprise me to see his resignation as a means to give him the freedom to consult and advise what he sees as other countries also wanting to leave the EU. I am anticipating an announcement of his visit this way any time soon…
You’ll get on fine with him, Manxx - even his political opponents find him most congenial and cordial company: just stock up on the roast haunch of elk and the Lakkalikööri and you’ll be ok … 
Hmmm I’m not so sure of that. Everyone knows that this is a pseudo Russian communist satellite that is permanently dark, with permafrost below -20 degs, where the natives live in igloos, hide from the polar bears and eat raw fish alive.
Besides, the last Englishman to come here preaching to the natives, Bishop Henrik (in 1156), ended up getting whacked over the head with an axe by a local on the frozen lake Köyliö.
…But maybe he has enough “sisu” to cope with all that…
I’m sure someone as gregarious, personable and optimistic as Nigel will look on the bright side and see immediately that that’s preferable to being eaten alive [I][U]by[/U][/I] raw fish, anyway? (Though I imagine it’s not much of a hazard with cooked fish, anyway …).
…Actually, the mosquitos usually take care of that…
But if he does come, he will find a lot of people ready to listen. There are already, and have been for some time, forces promoting withdrawal from the EU. There are always so many individuals willing to vote for exit simply because of their own pet single issue without consideration or awareness of the total picture. But right now maybe NATO is a bigger issue than the EU…
And so it starts - it’s the fear factor, can have a domino effect.
Standard Life suspends trading in UK property fund - BBC News
n o o o o o o o …
why noooo?
this is exactly the kind of news you need for your short positions, Francis. the more such news the better for you.
this is how crisises start. the little snowball running down the hill and getting bigger by every flip it does.
i went all short today. litterally all. (not particularly because of this news)
Next up will be the banking sector.
BOE will maybe lower the capital requirements, that can have it’s own risks. Likely will hear more from that quarter soon, words to the effect that all is under control etc.
Unusual to hear Ross McEwan, (head of RBS) being negative, one of the most positive guys in that sector.
Poor old Yazz’s voice is getting drowned out, this posted just 7 mins ago:
Business pessimism ‘doubles post-Brexit’ - BBC News
(btw I know personally of a few firms that have stalled investment plans, also had a few calls on price increases, averaging 4 -7%)
Oh, sorry, it was just a funny post …
Trading-wise it is of course a potentially good-news item,and the FTSE100 has been quietly sliding away from 6600, hour after hour…though Sep. futures volume for it was subdued …
Ps: how did you go short, Peterma? Are you a macro/fundamental trader?
ah ok sorry. i didnt get the joke. my humor $ucks if you want the truth 
Mine too, you are in good company
I’m all for that! And I think that’s the best interest of all countries!
Good post, Paterma. Thanks for the link.
This, from the article, tells it very well:
"Other investors, who hadn’t really wanted their money back, now think they might not be able to - and so they suddenly do want it back. "…
Thanks for that, again, a very disturbing article in which it says:
[I]“We expect this uncertainty to generate an investment-led recession as recent falls in business investment intensify,” economists from Goldman Sachs wrote last week. “While assuming quite a resilient consumer, we expect weakening business investment to tip the UK into recession around the turn of the year.” [/I]
…and the “average guy on the street” doesn’t even start to “see” these impacts until it is too late and it has filtered through to more tangible and visible consequences such as job losses, company closures, govt cut backs and revenue increases, rent increases, housing value decreases, and so on…seems that for the time being European football is still currently much more important than changes in European economic (dis)integration.
We have to remember that Farage wasn’t actually a part of the brexit campaign team who were all distancing themselves from him. He did try to put himself across as someone who played an important roll in brexit and was happy to retire having been on the winning side. The friends I have in the UK on the brexit side were also pretty embarrassed to be seen to be allied with him. Where he did have some support was among the guys who get drunk and fight in UK towns at the weekends and the hard core far right who certainly won’t be welcoming in people from the rest of the world to replace any leaving Europeans.
Unreal - apparently Carney will make a statement today, and the Chancellor is meeting with bank chiefs.
And of course the pound has just taken a wobbler. Eur/Gbp is heading north with some determination.
On the FTSE front, in truth large caps should be less affected, except for sentiment. The UK portion of their revenue is relatively small.
The FTSE 350 is much more representative of UK business outlook.
Yeah, I should trade the 250 rather than the 100, but my broker does not offer it.
Anyway, the BoE meeting was well documented, so these movements are just showing how irrational posiitoning is… Everything should go flat…
Those towns still have the BNP, and the EDL to cheer on… There will always be fringe parties to welcome discontent…just think: Monster Raving Loonies party…