The Brains Trust - 2020, page-578

Sorry info on previous post was unreadable; formatting stuffed up try again with an excell.

One more thought; this tweet got methinking:

The Aussie Trader (@TheATrader)21/3/20, 9:47 am Take a look at each of the big 4 Aussie bank charts during GFC and what happened within 12-18 months following. You could just about set and forget a portfolio of bank only stocks if we hit those lows again. Curiously WBC & NAB have already done so and with incredible speed.


mmm so Thought I would glance at the banks with an overriding thought; at the end of this IF the BIG 4 (maybe only 3 or 2 who knows) BUT if the banking sector DOES NOT coome out of this and SP's recover it sort of means "lights out" sort of stuff. So if you believe in a future for Oz (the western world?/ the way we live / the WHOLE world? then its is likely that banks have to recover. On the reverse if they dont recover than having cash in the bank may be no better than having their shares???

	Share	Fall from ATH (%age)	Fall from ATH (%age)	12 month performance from GFC low (%age)	Performance from GFC low & Years to recover	Years to recover previous ATH
1		GFC	Now		(%age, x years)
2
3	CBA	61	37	150	300 in 6 years	1 `
4
5	Nab	60	51	96	150 in 6 years	still waiting
6
7	ANZ	62	51	123	214 in 6 years	5
8
9	WBC	54	52	97	178 in 6 years	4

So what?

IF OZ/world system not totally broken after all this then worth throwing some SERIOUS $$$$ at the banks.