WBC 0.63% $30.83 westpac banking corporation

no need to buy banks yet, page-15

  1. 3,062 Posts.
    the IMF are not so confident regarding growth,seems the only real growth is sovereign debt depending how it is managed ,will i guess determine the outcome for whole economies .

    banks are priced for risk not performance,thats the way i see it,and maybe the marble pillars will give way with less
    certainty,and probably less profit.

    no question they will survive,but what will be the picture
    for the masses---if trees dont grow to the sky what happens to a forrest.

    i do not currently hold any bank stock,i have only expressed an uneducated opinion,it seems we are living in unchartered
    waters
 
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