Stress DOES NOT mean DEFAULT ?
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Agree
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One thing sure that Banks will face very little Credit Growth, (May even go negative).
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Look at Bendigo Bank Share price today, it lost 7% in one day. Because Growth has died.
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Will other banks follow same fate i.e Zero Growth Rate for years to come ? Most likely yes (Although I am optimistic but Financial Pundit are probably smarter than me, that's why Bendigo Bank got heavily sold today)
NAB, Banks and Looming Mortgage Crisis, page-14
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Last
$39.51 |
Change
0.000(0.00%) |
Mkt cap ! $121.6B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | $39.77 | $39.34 | $55.69M | 1.447M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 695 | $41.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $31.61 | 1515 | 1 |
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| Last trade - 09.39am 22/11/2024 (20 minute delay) ? |
| NAB (ASX) Chart |
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