banks are well and truly overpriced
mining and oil stocks getting smashed, still far too much risk
stocks like Telstra overpriced
property market well and truly overpriced
despite the property bubble ready to bust rates may drop further
so where does everyone put their money to get some sort of yield without the risk of loosing considerable capital
one would have to seriously consider companies like ccl, I mean what is the alternative, pay near $100 per share for the likes of cba, that's crazy in my opinion. am I missing something here, are people really that desperate for yield that they will risk far more in capital???
furthermore have people stopped to think for a minute, the government is loosing billions as a result of iron ore declines and this could go on for some time, is it not possible for the government to say hey, you banks have been making far too much money for far too long, and as a result introduce new taxes and legislation on the banks
so where to for ccl, any thoughts??
CCL Price at posting:
$11.00 Sentiment: Buy Disclosure: Held
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