Oversold IMHO, why would the Big 4 majors be better than the key regionals: BEN and BOQ?
I can understand that sentiment in Canada relating to Bank of Nova Scotia and in England relating to Clydesdale but why would the regionals be underweight compared to the Big 4 in Australia?
Some sub-prime lenders such as Provident Financial are going much better than HSBC, Royal Bank of Scotland, Barclays, Lloyds and Standard Chartered for example. Why would that not apply in Australia?
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