in case you havent noticed
there is a massive process of deleveraging going on in all sectors of the economy
in property - cnp,
in residential housing
in the purchase of shares - tricom, opes
in the financial engineering companies - afg
in consumer discretionary - HVN
and who is going to wear it all
the banks
the banks are at the top of the risk tree
already we are seeing CBA, ANZ and NAB declining markedly
so folks that is theme...
deleveraging
the credit multipliers are in reverse
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- the credit multipliers are now in reverse.
the credit multipliers are now in reverse. , page-2
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