Market had priced in a cut I guess but reversed from its lows. Is Australia ready to start cutting rates and accept it is in a recession? Maybe not yet...
CBA trying to make a recovery all while the housing market is slowing down again. Also, less jobs being advertised - that must mean more borrowers coming into the market. Don't worry about delinquencies... Maybe setting up for a perfect downward opportunity.
XJO - Bear Posts only (Factors which might cause the markets to fall), page-16573
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