Commonwealth Bank of Australia ADR(CMWAY)- OTCPK - Current
  • May 20, 2013, 9:47 AM

    UBS' 5 "suspected" asset bubbles: 1) Risk-free rates - specifically Treasurys (TLT), Bunds (BUND, BUNL), JGBs (JGBL, JGBT, JGBD, JGBS) 2) Credit (HYG, JNK) 3) Real estate in Asia (WPS) 4) Certain EM equity markets (EIDO, IDXJ, EPHE, THD, EWW) 5) Australian banks (WBK, NABZY.PK, ANZBY.PK, CMWAY.PK).

    | May 20, 2013, 9:47 AM
  • Mar. 18, 2013, 11:49 AM

    The slump in global commodities and spiraling costs have pummeled BHP Billiton (BHP -0.8%) over the past year, and the miner briefly lost its status today as the most valuable company on Australia's stock exchange in favor of Commonwealth Bank. Bank stocks have become more attractive, as a rising outlook for the domestic economy has perked up profits; bank shares now account for a record 30% of the ASX.

    | Mar. 18, 2013, 11:49 AM | 4 Comments