Interesting comparison between Aussie banks with US banks. 1. US...

Interesting comparison between Aussie banks with US banks.

1. US bank stocks have entered correction territory from their all time highs, Aussie bank stocks barely moved (YET!!)
2. Not true that US banks climbed more than Aussie banks, their gains from March lows were quite comparable , almost parity

Buying BBOZ = a short on our Aussie banks.

	Column 1	Column 2	Column 3	Column 4	Column 5
0		52 wk high	Fri close	% Chg	% Gain since Mar20 lows
1	Australia
2	XFJ	6,753.90	6,674.30	-1.2%	69.6%
3	CBA	106.57	103.69	-2.7%	79.8%
4	ANZ	29.64	28.98	-2.2%	87.3%
5	WBC	27.12	26.88	-0.9%	80.5%
6	NAB	27.84	26.87	-3.5%	77.7%
7	MQG	162.09	154.26	-4.8%	92.8%
8
9	US
10	XLF	38.6	35.23	-8.7%	69.2%
11	BoA	43.49	38.78	-10.8%	82.7%
12	JPMorgan	167.44	147.92	-11.7%	64.3%
13	Wells Fargo	48.13	41.75	-13.3%	45.5%
14	Citigroup	80.29	67.61	-15.8%	60.5%
15	GoldmanS	393.26	348.83	-11.3%	125.6%
16