You're exactly right about MBL. However the Oz market is now at a PE of 17. That's too high so don't think what happens in America doesn't matter any more. Yanks are in denial - they can't accept not being top of the world. But their day is coming...MBL will keep rising as long as the yanks don't crash.
MBL
macquarie bank limited
You're exactly right about MBL. However the Oz market is now at...
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