18 May SP prediction, page-9

I wish I had the answer for you. However, my thoughts on the matter for what it's worth. I am not a trader or advisor but an "average Joe" investor. Firstly I think whatever Macquarie may or may not do with respect to AMP will be thoroughly researched with de risk strategies well in place before any move will be made. For Macquarie the opportunity may well be within the retail banking area of AMP given the the outcome of the Royal Commission and the cost of compliance which will weigh heavily on the smaller banks that do not have the economies of scale to absorb these costs. Likewise for Bedigo and Bank of Queensland. Interestingly, Macquarie reduced the ratio of dividend payout to shareholders for the latest dividend with the extra held back for future investment, If Macquarie does have the war chest it may open up the opportunity to create a fifth pillar in the Australian Banking Indusry. The key to any future move to some degree be governed by the outcome of elections on 18 May and the ultimate composition of both houses and government along with Geopolical considerations. Yes I do hold shares I both MQG and AMP. If any move were to be made both timing and opportunity will be the key drivers