Australias banks getting another pounding after some rises recently.
CBA back down to 80
ANZ back under 29
NAB back to 30
WBC at 31.
Is this the global outlook or the Australian outlook I wonder?
Some markets showing signs of topping out right now and as posted US bond spread of short to medium term has closed.
Is there any particular event weighing on the banks or is it just the outlook in general for these banks??
