XJO 0.21% 8,210.9 s&p/asx 200

wednesday cranker, page-59

  1. 6,609 Posts.
    Wayward, agree with this post (to which I am replying - see number next to it). Could you try and explain the banks to me as I really do not get it? I see a debt bubble, property bubble, dropping demand for mortages, rising bad debts (see BoQ) and yet they just keep going up.

    XMJ - wouldn't consider it a worry other than it is too low even factoring in Asia. If commodities fall then the $A falls. It is a natural hedge don't you think?
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.