whilst not directly addressing issues you have raised, look at the other side of the coin:
How many blue chips offer the stability (post past and "claimed" future) growth in eps of 7%-10%?
Banks have demonstrated their bottom line is relatively immune from external "shock" factors, and have the pricing power to protect their bottom line.
To most, banks represent a boring, yet a high yielding and predictable long term growth investment - perfect for DIY super funds and those who want to sleep at night.
banks potential problems, page-2
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Last
$121.77 |
Change
0.730(0.60%) |
Mkt cap ! $203.8B | |||
| Open | High | Low | Value | Volume |
| $121.00 | $121.86 | $120.95 | $148.9M | 1.224M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 117 | $121.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $121.80 | 727 | 3 |
View Market Depth
| Last trade - 16.10pm 20/05/2024 (20 minute delay) ? |
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Last
$121.51 |
Change
0.730 ( 0.76 %) |
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| Open | High | Low | Volume | ||
| $121.00 | $121.83 | $120.96 | 96144 | ||
| Last updated 15.59pm 20/05/2024 ? | |||||
| CBA (ASX) Chart |