My concern (to add more or not yet?) is that with ongoing rising interest rates to fight/combat inflation there's every chance we may go into recession.. If so, will the banks in turn reduce their dividend payout ? If that eventuates then the banks share price will get hammered lower imo
Like you said.. perhaps another -20% drop from here over the coming week's !?
WBC Price at posting:
$19.33 Sentiment: Hold Disclosure: Held
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