CBA 1.39% $132.74 commonwealth bank of australia.

Bank Shares

  1. 539 Posts.
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    Surly you would have to have big kahunas to be buying bank shares in this market? Aussie house prices at an absolute bubble bursting level, Aust economy is in real trouble, personal debt levels at all time highs, overseas banks having trouble making payments. If we see a serious hiccup overseas then here surly the Aussie banks will tumble? I had dinner the other night with a guy who told me the GFC was about to hit 3 months before it did, and he says Aust shares will plummet at year end unless a silver bullet comes out of nowehere.... Thoughts???
 
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