Most blue chips went down today - following the lead from Wall Street.
There does not seem to be a sustained downward trend with bank SP's, John. In fact, SP' is up from $30 at the beginning of the year.
Also, there has not been a technical recession in Australia for a few years.
Having said that, I do think there could be some pressure on bank SP's by the end of the year - but I have been wrong in the past You are right about geopolitical tensions - very volatile situation at the moment.
The attack on the synagogue was disgusting and is a very worrying sign of rising antisemitic issues rising around the world.
NAB Price at posting:
$38.80 Sentiment: Hold Disclosure: Held
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You are right about geopolitical tensions - very volatile situation at the moment.
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