{"id":33835,"date":"2016-06-25T08:21:27","date_gmt":"2016-06-25T07:21:27","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=33835"},"modified":"2016-06-25T08:21:28","modified_gmt":"2016-06-25T07:21:28","slug":"when-do-you-decide-its-time-to-worry","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2016\/06\/25\/when-do-you-decide-its-time-to-worry\/","title":{"rendered":"When do you decide it’s time to worry?"},"content":{"rendered":"

Do we have an economic crisis? The FTSE 100 yesterday may not have implied it after a massively rocky start:<\/p>\n

\"Screen<\/a><\/p>\n

The FTSE 100 is, however, extremely international: many of the companies included within it hardly have any impact in the UK.<\/p>\n

The FTSE 250 is dominated by UK based companies and this is how it moved on Friday:<\/p>\n

\"Screen<\/a><\/p>\n

That was a record one-day loss for this index.<\/p>\n

And what of the pound to the dollar? This was its chart:<\/p>\n

\"Screen<\/a><\/p>\n

That's ugly.<\/p>\n

As was the Dax in Germany:<\/p>\n

\"Screen<\/a><\/p>\n

It really was a bad day. But ugly days do happen. What matters is Monday, and then Tuesday and most especially Wednesday. If markets have moved towards stability and something like their pre-Brexit position by Wednesday those who thought Brexit would have little impact may have been right. Continuing volatility or a major decline still on the books by then - especially and specifically around the UK data - \u00a0and I will be really worried because that indicates the creation of instability that we may not be able to manage, and that's when anything can happen.<\/p>\n

This uncertainty has some days to run as yet.<\/p>\n","protected":false},"excerpt":{"rendered":"

Do we have an economic crisis? The FTSE 100 yesterday may not have implied it after a massively rocky start: The FTSE 100 is, however,
 Read the full article…<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-33835","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/33835","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=33835"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/33835\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=33835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=33835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=33835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}