Doesn’t really matter. After a week like the last, investors need to ask themselves, do they feel lucky? Luck, like Central banks are still in control and will can continue to bail out an over indebted, over leveraged financial system. Do they have the tools? Is there actually enough collateral in the system once everyone starts […]

Why was it this week that Australian investors woke up and asked themselves about the wisdom of supporting a capital raising for a big bank when they’ve been doing capital raisings in one form or another almost quarterly for many years? We wonder if the penny has finally dropped that each raising puts shareholders further […]