XJO
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XJO - Bear Posts only (Factors which might cause the markets to fall), page-3117

  1. Ewebute
    5,943 Posts.
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    05/07/22
    10:48
    Post #: 62373707
    Looking at the banks this morning, I think people realise this isn't going to be good news for whatever the outcome is.

    https://hotcopper.com.au/data/attachments/4482/4482598-494cab6cd2f07866551494e44eb5e999.jpg

    Higher rates is going to slow lending once again along with increased defaults on loans. Therefore less profits for the banks. As pointed out yesterday, the markets and reality are two different things so anything could happen lol.
    XJO Value at posting: 6,622.8
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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