Westpac warns

This wont improve the market mood:

There’s nothing quite like an open ended profit warning.

David Llewellyn-Smith
Latest posts by David Llewellyn-Smith (see all)


    • CaptainFeatherSwordsGhost-TheReturn2

      Father in law delivers bricks for Boral in Brisbane. Demand is WAY DOWN. They are shutting one their brick yards in south west brisbane due to huge drop in demand.

      Dont buy now kiddies

  1. DefinitelyNotTheHorribleScottMorrisonPM

    Underpromise, over deliver. This seems like a screaming BUY to me. It’s a great way for lifters to share in mass prosperity.

  2. Meanwhile

    Royal Commission recommendation being snubbed by the current treasurer


    But apparently labor still plan to implement all but one…

    This needs to be publicized by Macrobusiness so more people are in tune

  3. Westpac – my pick for the first to ask for the gov guarantee.

    …pushes up dealers arm bands, straightens cap peak and draws in on cigar in a shady back table in the Macro Business bar… “Ladies and Gentlemen, would anyone like to place a bet on the first bank to fold? “