Banks Follow Suit, Time To Look Up
Uploaded on Dec 08, 2011 / 115 views / 170 impressions / 0 comments
Description
The majority of major banks have followed suit with the RBA’s interest rate cut earlier this week. Another 50 basis points is a likely scenario and could pave the way for a switch into equity assets. The ASX 200 still has a rather large resistance to overcome in the meantime…