Blogotariat

Oz Blog News Commentary

Australia’s absurd bank bubble

March 11, 2024 - 11:00 -- Admin

Welcome to the bank bubble of 2024: More to the point, the CBA bubble, which is now trading on 21.5xNTM, is richer than alleged bubbles like Google: Even though there is no apparent profit growth for CBA: Whereas Google is projected at around 15%: CBA is now perhaps the world’s richest bank, a “bubble” of

The post Australia’s absurd bank bubble appeared first on MacroBusiness.