Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Gartner Inc T.IT.R


Primary Symbol: IT

Gartner, Inc. delivers actionable, objective insight to executives and their teams. The Company operates through three segments: Research, Conferences and Consulting. The Research segment delivers independent, objective insight to leaders across an enterprise through subscription services that include on-demand access to published research content, data and benchmarks, and direct access to a network of research experts located around the globe. Gartner Conferences are designed for information technology (IT) and business executives as well as decision makers looking to adapt and evolve their organizations through disruption and uncertainty, navigate risks and prioritize investments. The Consulting segment serves chief information officers and other senior executives to optimize technology investments and drive business impact. The Company also provides solutions for a range of IT-related priorities, including IT cost optimization, digital transformation, and IT sourcing optimization.


NYSE:IT - Post by User

Bullboard Posts
Post by JxEssenceon Jul 09, 2016 11:57pm
135 Views
Post# 25038839

Soros Shorts Deutsche Bank 100 Million Euros

Soros Shorts Deutsche Bank 100 Million Euros

EU collapse is now 'practically IRREVERSIBLE' after Brexit, says George Soros

BRITAIN'S decision to break away from the EU makes the eventual dissolution of the EU 'practically irreversible', George Soros has claimed.

George Soros claims Brexit means EU collapse is 'practically irreversible'GETTY

George Soros claims Brexit means EU collapse is 'practically irreversible'

The billionaire, known as the man who broke the Bank of England, has said that Brexit is the final nail in the coffin for the EU.

He said the UK's split from the EU is likely to hasten the break-up of the 28 member bloc, to be 27 after UK exit.

He said:"The consequences for the real economy will be comparable to the financial crisis of 2007-2008 but the implications for Europe could be far worse.

"Tensions among member states have reached breaking point, not only over refugees but also as a result of exceptional strains between creditor and debtor countries within the eurozone."

Mr Soros made around £690million after his infamous bet that sterling was overvalued against the Deutsche Mark, which forced former Prime Minister John Major to pull the pound out of the European Exchange Rate Mechanism (ERM).

And now Soros appears to be profiting from the turmoil stemming from Britain's vote.

 

On Friday, investors, including Soros rushed to buy gold which pushed its price to a two year high because both the pound and the FTSE 100 fell sharply in the hours following the result.

Soros added: "Brexit will open the floodgates for other anti-European forces within the Union."

Already, political opposition is growing in other countries opposed to further European integration.

Barely a day after the U.K. referendum, parties in places like the Netherlands and Austria suggested they might hold votes of their own.

Soros claimed the largest threat in Europe also comes from Italy, where the populist Five Star Movement may rise to power as a "full blown banking crisis" looms.

He added that the EU was a "flawed construction."


Bullboard Posts