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Macquarie wary of $A, bullish on banks
2016-03-31 04:54:11| Automakers - Topix.net
As "cheap" growth and yield become more and more elusive for investors, Macquarie maintains its appetite for banking stocks despite recent market unease and prepares to see earnings downgrades should the Aussie dollar continue to rise . Despite $25 billion worth of banking shares wiped of the ASX in two days, Macquarie Wealth Management sees banks as one the few areas where there is value, even if only for limited growth.
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Category:Automotive