By buying the major banks thereby taking a contrarian position, plenty of money can be made as the market has oversold the banks: NAB is probably the best value (oversold due to capital position being overhyped in the negative), ANZ second (Asian ROTE must be getting better with ASEAN growth), WBC third, I think it was ridiculously oversold 2day, and CBA is even becoming a bargain based on the divi and projected selldowns of non-core asset portfolios.
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