CBA 0.15% $134.97 commonwealth bank of australia.

Hi MateNot the CBA specifically - I'm anticipating a sharp...

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    Hi Mate

    Not the CBA specifically - I'm anticipating a sharp correction in stock markets globally - and particularly the ASX - the CBA share price will part of this correction. The following out today:

    Total retail sales is now at a level not seen since the 1990-91 recession with no signs of improvement in the near term.

    I'm struggling to see the connection between the optimism on the ASX and the pessimism in the fundamentals - the key (as always) is in the timing - I might have made this call a little too early - we'll see
 
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