Ritchie on financial markets

Richard Murphy says:
May 18 2019 at 10:24 am
These people are market makers

They are trying to create a market in such bonds

That makes then market makers

You are playing technical pedantry

It is unappealing

Tee hee. Even snigger.

Except, of course, this bloke teaches at City University….economics, too.

11 thoughts on “Ritchie on financial markets”

  4. Pcar

    Tories on Losing Election

    May trundles onto stage and software error…

    Theresa May today launched the Tory EU election campaign in a near-empty room by blasting Nigel Farage before she appeared to fluff her lines when promising to leave the EU.

    In an extraordinary moment Mrs May began to say the Conservatives ‘will’ deliver Brexit – but stumbled and stopped herself – and then said ‘can’ instead – as her despairing MEP candidates watched on….

    https://www.youtube.com/watch?v=CWzIGx5RFpg

    .
    Elsewhere, Jeremy Hunt asked why should voters vote Conservative

    Silence….um err …. “if they support Conservative policies”

    :facepalm

  5. Pcar

    Tories on insulting voters: Tory MPs give two fingers to public and party members

    Ministers threaten to bring down the Government rather than accept Boris as PM

    …The ‘Stop Boris’ campaign swung into action in Westminster last night – amid warnings that some Tories could force a general election rather than give him the keys to Number 10.

    Mr Johnson is the runaway favourite to succeed Theresa May as Tory leader following a coup by backbench MPs this week that will see her step aside this summer.

    His hopes were boosted last night by a poll showing he is the Tory most likely to beat Labour.

    The exclusive Survation poll for the Daily Mail put the former foreign secretary more than 20 points ahead of Sajid Javid, his nearest rival for Theresa May’s job.
    …
    One said: ‘Boris cannot form a government, certainly not on a No Deal platform and probably not on any other. There are at least a dozen people on our side, me included, who would be prepared to vote against him on the Queen’s Speech.
    …
    Conservative MP Phillip Lee issued a public warning that no Tory leader campaigning on a No Deal platform could hope to govern without an election.

    Dr Lee, who is facing a deselection attempt in his Bracknell constituency after backing a second referendum, said: ‘Boris is not fit for purpose as prime minister, but this is not just about Boris the person.
    …
    Supporters of Mr Johnson insisted that he could reinvigorate a deflated Tory party, deliver Brexit and defeat Jeremy Corbyn. Leading Eurosceptic Jacob Rees-Mogg said: ‘Boris would win back voters because he would deliver Brexit.’

    The Survation poll showed he was also the candidate with the highest ratings on the question of who would make a good prime minister and on who would be a vote winner.

    A YouGov poll for The Times yesterday found he was the first preference of 39 per cent of Tory members – far ahead of his nearest rival Dominic Raab on 13 per cent.

    But, under the terms of the Tory leadership rules, he must first persuade his fellow MPs to rank him in the top two candidates whose names will go forward for election by the party’s 125,000 members
    …
    The detailed poll of more than 1,000 people, conducted yesterday, asked who was most likely to beat Labour under Mr Corbyn.

    Mr Johnson was streets ahead of the others on 32 per cent. His closest rival was Home Secretary Mr Javid on 11 per cent. Foreign Secretary Jeremy Hunt and Work and Pensions Secretary Amber Rudd were next, both with 7 per cent.

    In head-to-head contests, Mr Johnson also triumphed against every other candidate. He was 17 points ahead of Michael Gove and Dominic Raab, ten ahead of Mr Hunt and 19 ahead of Matt Hancock. Significantly, 20 per cent of Labour voters said Mr Johnson’s leadership would make them more likely to vote Tory…

    Tory MPs have a death wish or are they zombies?

  8. Edward Lud

    Pcar, Mark Steyn has this. In his words (quoting freely from memory), “frankly who cares who leads a parliament which cannot rouse itself to recover its own sovereignty?”

  9. Pcar

    May On Fake Stage

    Looks like donors refusing to donate is true and having an impact, yet The Maybot trundles on obliviously

    A bizarre image uploaded onto social media from one attendee showed an embattled Mrs May at the official campaign launch on a makeshift stage she shared with four people. To put the embarrassing situation into perspective – just one reporter was allowed to attend on behalf of all broadcasters and was allowed to asked Prime Minister just one question. Social media users mocked Mrs May in the image, with one posting his own version of the unknown question asked to the Tory Party leader.

    The Twitter user said: “How much did she pay the four people who stood around her?”

    Another added: “Five people on stage and five in the audience. My God what a pathetic campaign launch.”
    Mrs May at the official Conservative campaign launch on a makeshift stage

  11. AndrewC

    “technical pedantry” = proving that Murphy is wrong and clearly doesn’t know what he is talking about.

  12. AndrewC

    It’s laughable that Murphy still describes himself as “director of Tax Research”. He IS Tax Research. The only person there. Who is he directing?

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