Crowds, crowds and more crowds: STOCK MARKETS, REFUGEES, & JONATHON KING

A year ago, the FTSE was at 7175. Today it’s at 62OO. Last March, the Dow was near 18,200; today it’s down to 16,500. The slippage is consistently out-gunning the rallies. Yesterday, the Dow slid down throughout the day, losing nearly 300 points. It just sort of slithered. No sign of support at all: not a panic yet, but But Bulls were conspicuous by their absence. The FTSE also fell away badly during the afternoon session.

For the first time in some years, the two best known business indexes both face a very clear emotional threshold today: 16,000 and 6,000. Psychologists understand why such things are important, and so do market directionalisers and manipulators. It’s the crowd thing again: eat sh*t, 10 trillion flies can’t be wrong. But this time, there’s an added element.

Slowly but now surely this year, there have been signs of first major players and then minor-majors taking positions, and the Sun headline is ‘outta here’. Eight days ago, the board of the California State Teachers’ Retirement System (Calstrs) – facing a large baby-boomer cashout – was felt by many in the know to be on the verge of shifting some $20 billion of its portfolio out of stocks to adopt a “risk mitigation strategy.”

Bafflement about what to do next is rife. In the last month, there have been eight so-called ‘herd all or nothing days’: this is when the mass of investors are so confused and nervous, any direction is slavishly followed. It’s a rare phenomenon, and that many herd days have never before been seen in such a short period. In their current states, both the FTSE and the Dow could plunge very quickly if some big speed-of-light money goes bear.

The wisdom of crowds was always an ironic observation. But across the board of human experience this week, the crowds have been in control. The rigid Left crowd (and most Berliners) have been resisting every last vestige of empirical evidence in order to stick to their barmpot view that every migrant refugee coming out of Syria is a hero, and one can march 800 miles in a day and still emerge with impeccably clean loafers. Everywhere at the airport yesterday, young people carried bags saying ‘I welcome refugees’ and ‘Je suis Aylan’. I find this auto-jerk terrifyingly Owellian.

Equally, the swivel-eyed Right sees swarms, swamps and hordes of refugees whereas in truth they’re still only 0.3% of the EU population at most. Farage is, as I predicted, turning the OUT campaign into a immigration scare-fest: in many ways, he does have a point, but I want to leave the EU because it is a grasping, bullying, fascist, sovereignty-smashing Capone mob – not because it allows freedom of movement.

There is zero safety in numbers in 2015 – there is a great deal of danger, and that’s it. The paedo-hunters are having a field day this morning as Jonathon King once more finds himself on charges referred to uniformly across the UK media as “child sex offences”. They’re nothing of the sort: some forty years old in most cases, the charges relate to homosexual  sex acts before the age of consent was lowered. The hypocrisy of calling a 15 year old boy a child while at the same time suggesting that 16 year olds should get the vote is beyond belief.

King is no more a paedophile than I am or Paul Gambaccini is. The campaign of distortion continues, and we should not see it as a coincidence that this arrest has come in the same week as the launch of Gambaccini’s book: this little gambit has spoiler written all over it. On the one hand the Left élite drivels on about homophobia, and then applauds the homophobic arrest of King on charges four decades old with no validity beyond the technicals. When the Homosexual Law Reform Act was passed in 1966, did the Met then arrest Leo Abse ten years later for historical offences? They did not: in those days, coppers didn’t work for media owners – they had better things to do, like arresting the Krays for instance.

38 thoughts on “Crowds, crowds and more crowds: STOCK MARKETS, REFUGEES, & JONATHON KING

  1. Well now! When Mr Ward says “The rigid Left crowd (and most Berliners) have been resisting every last vestige of empirical evidence in order to stick to their barmpot view that every migrant refugee coming out of Syria is a hero” – how much of this is media spin (which is NOT driven by Germans, ahem).

    This is in clear contrast to the feelings of many Germans, who on no few occasions have burned Asylum centres to the ground.

    I mentioned this a good while ago, but why is the US not helping in this crisis? After all, it has created most of the problems that Europe is having to wipe up. But then, when the US economy is made up of financial institutions and arms manufacturers, you can’t expect them to start thinking about the consequences of their actions, can you?

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  2. “This is in clear contrast to the feelings of many Germans, who on no few occasions have burned Asylum centres to the ground.”

    Not true. There is a distinct difference between the west and east. West Germany has allocated millions to renovating the east, which has responded with its extreme right reactions and narrow mindedness. In my 15 years here in Bayern I’ve noticed the autobahns aren’t as slick as they used to be. Most Bavarians I know are extremely accepting and helpful to the immigrants, donating loads of stuff to them.

    My wife cycled past the area we used to live in Munich yesterday past a church she thought might hold 50 at most. instead she had a shock to see about 500 of them camped inside, with a dozen of those “Toi Toi” toilets outside and no showers. This is a disaster I believe America deliberately created via Turkey. All Germans I know are helping the incomers the best they can.

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  3. It’s fitting that we have an ex-PR man as prime minister because that’s all he does. Everything is about putting a semi-plausible front on his betrayal of the country on behalf of foreigners and the intelligence services, via his cronies in his propaganda wing, ie the mainstream media. These refugees are basically a trojan horse to confuse and divide Europe. Unfortunately it looks like the German people have completely fallen for it.

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  4. All of this ongoing debate confirms my private thoughts that the eu is for city dwelling sheep, but creates more problems than it solves, or that they even realise We nature loving people are not afraid of the dark and know from explore and experience where the tranquility and self sufficiency can be found in the wilderness of any country you care to mention.The song of the birds, the rustling of the leaves is far more interesting to us than the spin of the media.
    We don’t need to vote for anything other than with our feet, and we will share a meal with pleasure, but will never pay tax to support the cosmopolitan status quo.

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  5. Did you ever wonder why the wealthy Arabic countries won’t help their fleeing Arabic Muslim companions?

    One word: Hijra

    Hijra is the Arabic word for “migration”, used to besiege new territories, as the Islamic prophet Muhammad and his followers did when they besieged Medina in the year 622, and the same way 56 nations have become Islamic until now.

    Now Europe is up for grabs.
    Better brush up on your Quran folks, you’ll need to know it before too long..

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  6. “Not true” – you sound like a man speaking down to a woman. But you then go on to say that the west is different from the east! So perhaps what I said WAS true after all?

    I’ve lived in the western part of Germany as well as the central areas (the eastern part of Germany was forced on the Poles by the Soviets); that is to say, I am well aware of the kindness that many Germans have… and the piles of stuff donated in the local Edeka in Naumburg. Which is in the former DDR, and isn’t quite the place you make it out to be.

    Perhaps you should live there too, find out what they’re really like?

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  7. I have for some time been getting annoyed at the left-right,many written in the context that means large support for the views of the writer to galvanise support behind that idea(particularly when logic is thrown out the window)When in reality individuals are quite capable of supporting different policies,ideas from varying positions & points from all sides.it has lead to some not listening or reading & judging without trusting their own perspective,Question everything,especially yourself! that’s how you make propaganda useless!

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  8. ““Not true” – you sound like a man speaking down to a woman. But you then go on to say that the west is different from the east! So perhaps what I said WAS true after all?”

    Oh Lord – I didn’t even notice you were a woman writing – no need for a strop! I was up on the border with Czech – my MiL was born in a castle up there – a few weeks ago – and we were discussing this East/West difference. I know East Germans well – they are no way similar in mentality to west Germans. Can you imagine having to grow up without the variety of stuff in the shops we take fir granted in east Germany? I have experienced the Eastern bloc in Mongolia and the dreary existence of Communism. Taint all bad though. The “Ossies” tend imho to have a more social point of view than the “Wessies” who in my experience although they’ve had capitalism can be very selfish. But then I live in the Upper Bavaria near the Alps where tbh I am not keen on the mentality here.

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  9. “We don’t need to vote for anything other than with our feet, and we will share a meal with pleasure, but will never pay tax to support the cosmopolitan status quo.

    You leave them out of the discussion! 12 Gold Bars was a great album.

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  10. @Gemma .. its called the Atlantic ..
    People calling for Americans to help , as John McEnroe put it ‘ You cannot be serious ! ‘

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  11. Thankyou for that; I’m glad someone around here knows Germany well enough to know the difference between a Niedersachsener and someone from Sachsen.

    Leave alone the Anglo-Saxons.

    As to the Bavarians, I liked Baden (which had a certain French influence) but not Württemberg so much – where I lived at that time.

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  12. That’s why the US have bases scattered all over Asia… including Turkey. In any case, the American military can cross the Atlantic easily, where migrants find it a little more of a barrier.

    That does not absolve the Americans from their responsibilities though…

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  13. @ Jeremy Stocks .

    Your MiL ( Mother in Law?) was born in a castle in Germsny a few weeks ago ?

    I know we are capable peopke and the largest exporters by volume in the world such that our good friends in The Commission have seen fit to berate us for doing too goid a job and running up too high a trade surplus which is apparently not allowed in our new socialist utopia. But please mein Herr , I think even we Aryans would never lay claim to that particular miraculous competence.

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  14. Angelteuton now what was i saying about reading & not getting the right perception when logic is thrown out the window! Maybe it is because am dyslexic that i read it a few times in different ways before it became logical!

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  15. I am in no way siding with the US here but what everyone fails to acknowledge is that the US also has its own migrant problem with Mexico, Central America and further south. I’ve never heard the US asking for help with these migrants.

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  16. Ah but we did not bomb Mexico and other central American countries and destabilise these countries. America is primairily responsible for destabilising Iraq and Syria. America should definately be taking refugees from Syria.

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  17. I thought your comments on Jon King were very pertinent. Applying todays obtuse sexual laws retrospectively seems grossly unfair. The Met are still smarting from J.Saville.

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  18. From Gemma: “Not true” – you sound like a man speaking down to a woman.”

    Oh gawd, please, not the Feminist Rant again, I’ve had a right day of The Sistahood on Twitter today, moaning on about a man daring to say a woman’s photo was beautiful….

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  19. kfc good observation

    those olive skinned boys know how to f*ck without a condom. The northern euro ladies cannot wait to get their knickers off.

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  20. “A year ago, the FTSE was at 7175. Today it’s at 62OO”.

    I’ve just checked my diary for last year (I keep a note of FTSE and Euro movements just out of interest). The nearest date I have is 24 September, so a few days later, but it says ‘FTSE index 6706, down 100 from 28 Aug 2015’.

    This represents a fall of approx. 500, rather than the 900 odd which your opening sentence suggests.

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  21. This has nothing to do with the US.
    In fact, the democratic views of western europe have been ignored as well. Why do we insist on accepting these millions of ignorant muslim fornicating infidels? Give me one good reason. These people clam to be educated, but look at the litter that they toss everywhere, look at the state of syria. It’s a lot of nonsense from liars who come from a lazy and failed state.
    Give them condoms and tell them to F*ck home and fight the enemy.

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