It's all about what people think the future price will be based on a huge variety of considerations. Yield, future profits, market share, regulation, economic cycle etc. I know you see those considerations saying sell. I think the banks have been beaten down though they have stable growing profits and the government will protect them as super is heavily invested.
I don't invest to shape the future of the world.
Am I super bullish no. Do I think they've been hammered, too much by sentiment. Yes.
For context I only recently bought. Trade not retirement money.
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