S&D, S&R, Trends, Fork's and Turnarounds, page-494

Well I don't know.......maybe I am missing something

The whole Royal Commission thing seems to be a fizza to me.

I was looking forward to a massive 'bad news story' propagated through brokers and into the broader media, allowing for a really big 'engineered' terminal shakeout in the financial sector.

And it seems like the companies involved have just been given a light whack with a soft cushion.

Sure there will be some serious pain for mortgage brokers, but I don't care for them (at all), and if they go altogether it will only be better for banking institutions in general.

Hopefully the market professionals can come up with (read 'invent') some form of (short term ??) bad news story that can be fed to the media, so as to engineer a little shakeout of some kind this week........

cheers

Yako


Yanet