Hi all
Dont downgrade our banks.
They perform much better than the highly leveraged american and european banks and pay most of their earnings as dividend.
We have to support their share price so that we can continue to get good divi income stream.
I think banks have to go up by at least another 10-15 % and that price would be okay with future earnings downgrade risk.
Sara
more monolines downgraded, page-11
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