{"id":18186,"date":"2019-05-10T23:52:18","date_gmt":"2019-05-10T23:52:18","guid":{"rendered":"http:\/\/thepatientinvestor.com\/?p=18186"},"modified":"2019-05-10T23:52:18","modified_gmt":"2019-05-10T23:52:18","slug":"asx-200-and-the-banks","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2019\/05\/10\/asx-200-and-the-banks\/","title":{"rendered":"ASX 200 and the Banks"},"content":{"rendered":"<p>The ASX 200 retreat below support level at 6350 has been gentle, with a long tail indicating that buying support remains. The Trend Index likewise shows only a moderate decline. Respect of support at 6000 would be a bullish sign.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2018\/2019-05-10-xjo.png?w=525&#038;ssl=1\" alt=\"ASX 200\" \/><\/p>\n<p>Financials are the largest sector, comprising 32.1% of the ASX 200 according to <a href=\"https:\/\/au.spindices.com\/indices\/equity\/sp-asx-200\">S&amp;P Indices<\/a>. Retracement has so far been gentle and respect of the new support level at 6000 would be a bullish sign.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2018\/2019-05-10-xfj.png?w=525&#038;ssl=1\" alt=\"ASX 200 Financials\" \/><\/p>\n<p>Apart from a declining housing market and the RBNZ call for more than $8 billion in additional equity capital (<a href=\"https:\/\/www.theage.com.au\/business\/banking-and-finance\/mess-for-australian-banks-isn-t-getting-cleaned-up-this-earnings-round-20190422-p51g6b.html\">estimated by S&amp;P Global Ratings<\/a>), the four major banks face declining margins.<\/p>\n<p>Net Interest Income (as % of Total Assets) has rallied since 2015 but remains in a long-term down-trend, with a projected average of 1.7%. Fee income (right-hand scale) has declined to below 0.50% of total assets, while other income (RHS) fluctuates around 0.20%.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2018\/2019-05-10-banks-income.png?w=525&#038;ssl=1\" alt=\"Banks Income as % of Total Assets\" \/><\/p>\n<p><em>Source: APRA &#8211; Major Banks<\/em><\/p>\n<p>If we compare income to operating expenses, the gap between non-interest income (fees, commissions &amp; other income) and operating expenses is widening. Combined with declining net interest margins and increasing capital requirements, the heady days of strong profit growth may be nearing an end.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2018\/2019-05-10-banks-ie.png?w=525&#038;ssl=1\" alt=\"Banks Income &amp; Expenses as % of Total Assets\" \/><\/p>\n<p><em>Source: APRA &#8211; Major Banks<\/em><\/p>\n<p>I am cautious of Australian banks, more because of the headwinds they face over the next two years than the long-term outlook, but declining margins do not help. We hold more than 40% in cash and fixed interest in the <a href=\"https:\/\/thepatientinvestor.com\/index.php\/2018\/07\/03\/australian-growth-portfolio\/\">Australian Growth<\/a> portfolio.<\/p>\n<p>Materials (the second largest sector at 18.1%) are undergoing a modest correction. Respect of support at 12500 would be a bullish sign. Declining Money Flow peaks, however, warn of strong selling pressure and a test of 12000 remains likely.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2018\/2019-05-10-xmj.png?w=525&#038;ssl=1\" alt=\"ASX 200 Materials\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The ASX 200 retreat below support level at 6350 has been gentle, with a long tail indicating that buying support remains. The Trend Index likewise shows only a moderate decline. Respect of support at 6000 would be a bullish sign. Financials are the largest sector, comprising 32.1% of the ASX 200 according to S&amp;P Indices. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2019\/05\/10\/asx-200-and-the-banks\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ASX 200 and the Banks&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40,31,57],"tags":[251,381,1397,2439],"class_list":["post-18186","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","category-the-fed-banks-interest-rates","category-stock-markets","tag-asx-200","tag-banks","tag-financials","tag-net-interest-margins"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ASX 200 and the Banks - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ASX 200 and the Banks - the patient investor\" \/>\n<meta property=\"og:description\" content=\"The ASX 200 retreat below support level at 6350 has been gentle, with a long tail indicating that buying support remains. The Trend Index likewise shows only a moderate decline. Respect of support at 6000 would be a bullish sign. Financials are the largest sector, comprising 32.1% of the ASX 200 according to S&amp;P Indices. &hellip; Continue reading &quot;ASX 200 and the Banks&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2019\/05\/10\/asx-200-and-the-banks\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-10T23:52:18+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/static.incrediblecharts.com\/images\/2018\/2019-05-10-xjo.png\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2019\/05\/10\/asx-200-and-the-banks\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2019\/05\/10\/asx-200-and-the-banks\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"ASX 200 and the Banks\",\"datePublished\":\"2019-05-10T23:52:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2019\/05\/10\/asx-200-and-the-banks\/\"},\"wordCount\":277,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2019\/05\/10\/asx-200-and-the-banks\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2018\/2019-05-10-xjo.png\",\"keywords\":[\"ASX 200\",\"banks\",\"Financials\",\"net interest margins\"],\"articleSection\":[\"Australia &amp; NZ\",\"Banks &amp; Interest Rates\",\"Stock Markets\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2019\/05\/10\/asx-200-and-the-banks\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2019\/05\/10\/asx-200-and-the-banks\/\",\"name\":\"ASX 200 and the Banks - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2019\/05\/10\/asx-200-and-the-banks\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2019\/05\/10\/asx-200-and-the-banks\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2018\/2019-05-10-xjo.png\",\"datePublished\":\"2019-05-10T23:52:18+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2019\/05\/10\/asx-200-and-the-banks\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2019\/05\/10\/asx-200-and-the-banks\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2019\/05\/10\/asx-200-and-the-banks\/#primaryimage\",\"url\":\"https:\/\/www.incrediblecharts.com\/images\/2018\/2019-05-10-xjo.png\",\"contentUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2018\/2019-05-10-xjo.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2019\/05\/10\/asx-200-and-the-banks\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"ASX 200 and the Banks\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters. Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis. Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008\/2009 and 2020 bear markets well ahead of actual events. He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.\",\"sameAs\":[\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\",\"https:\/\/www.instagram.com\/colin_thepatientinvestor\",\"https:\/\/au.linkedin.com\/in\/colintwiggs\"],\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/author\/investor\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"ASX 200 and the Banks - the patient investor","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"ASX 200 and the Banks - the patient investor","og_description":"The ASX 200 retreat below support level at 6350 has been gentle, with a long tail indicating that buying support remains. The Trend Index likewise shows only a moderate decline. Respect of support at 6000 would be a bullish sign. Financials are the largest sector, comprising 32.1% of the ASX 200 according to S&amp;P Indices. &hellip; Continue reading \"ASX 200 and the Banks\"","og_url":"https:\/\/thepatientinvestor.com\/index.php\/2019\/05\/10\/asx-200-and-the-banks\/","og_site_name":"the patient investor","article_publisher":"https:\/\/www.facebook.com\/profile.php?id=61572934660810","article_author":"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/","article_published_time":"2019-05-10T23:52:18+00:00","og_image":[{"url":"http:\/\/static.incrediblecharts.com\/images\/2018\/2019-05-10-xjo.png","type":"","width":"","height":""}],"author":"Colin Twiggs","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Colin Twiggs","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thepatientinvestor.com\/index.php\/2019\/05\/10\/asx-200-and-the-banks\/#article","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2019\/05\/10\/asx-200-and-the-banks\/"},"author":{"name":"Colin Twiggs","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454"},"headline":"ASX 200 and the Banks","datePublished":"2019-05-10T23:52:18+00:00","mainEntityOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2019\/05\/10\/asx-200-and-the-banks\/"},"wordCount":277,"publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2019\/05\/10\/asx-200-and-the-banks\/#primaryimage"},"thumbnailUrl":"https:\/\/www.incrediblecharts.com\/images\/2018\/2019-05-10-xjo.png","keywords":["ASX 200","banks","Financials","net interest margins"],"articleSection":["Australia &amp; NZ","Banks &amp; Interest Rates","Stock Markets"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/thepatientinvestor.com\/index.php\/2019\/05\/10\/asx-200-and-the-banks\/","url":"https:\/\/thepatientinvestor.com\/index.php\/2019\/05\/10\/asx-200-and-the-banks\/","name":"ASX 200 and the Banks - the patient investor","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2019\/05\/10\/asx-200-and-the-banks\/#primaryimage"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2019\/05\/10\/asx-200-and-the-banks\/#primaryimage"},"thumbnailUrl":"https:\/\/www.incrediblecharts.com\/images\/2018\/2019-05-10-xjo.png","datePublished":"2019-05-10T23:52:18+00:00","breadcrumb":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2019\/05\/10\/asx-200-and-the-banks\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thepatientinvestor.com\/index.php\/2019\/05\/10\/asx-200-and-the-banks\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thepatientinvestor.com\/index.php\/2019\/05\/10\/asx-200-and-the-banks\/#primaryimage","url":"https:\/\/www.incrediblecharts.com\/images\/2018\/2019-05-10-xjo.png","contentUrl":"https:\/\/www.incrediblecharts.com\/images\/2018\/2019-05-10-xjo.png"},{"@type":"BreadcrumbList","@id":"https:\/\/thepatientinvestor.com\/index.php\/2019\/05\/10\/asx-200-and-the-banks\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thepatientinvestor.com\/"},{"@type":"ListItem","position":2,"name":"ASX 200 and the Banks"}]},{"@type":"WebSite","@id":"https:\/\/thepatientinvestor.com\/#website","url":"https:\/\/thepatientinvestor.com\/","name":"The Patient Investor","description":"Smart. 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He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters. Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis. Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008\/2009 and 2020 bear markets well ahead of actual events. He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.","sameAs":["https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/","https:\/\/www.instagram.com\/colin_thepatientinvestor","https:\/\/au.linkedin.com\/in\/colintwiggs"],"url":"https:\/\/thepatientinvestor.com\/index.php\/author\/investor\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9tQ4n-4Jk","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":27213,"url":"https:\/\/thepatientinvestor.com\/index.php\/2021\/08\/06\/asx-bull-stampede\/","url_meta":{"origin":18186,"position":0},"title":"ASX bull stampede","author":"Colin Twiggs","date":"August 6, 2021","format":false,"excerpt":"The ASX 200 rallied this week despite a sharp fall in iron ore prices and a third wave in the pandemic. Rising Trend Index troughs above zero signal strong buying pressure. Third Wave Daily new COVID-19 cases continue to climb. Failure to halt the rise would cause a significant contraction\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26528,"url":"https:\/\/thepatientinvestor.com\/index.php\/2021\/06\/26\/asx-short-term-bearish-long-term-bullish\/","url_meta":{"origin":18186,"position":1},"title":"ASX short-term bearish, long-term bullish","author":"Colin Twiggs","date":"June 26, 2021","format":false,"excerpt":"The ASX 200 is retracing to test support at 7000 but Trend Index troughs above zero indicate longer-term buying pressure. Respect of support is likely and would confirm a fresh advance. Financial Markets Rising bond ETFs (BOND, IAF & VAF) signal weakening long-term interest rates. Low rates buoyed A-REITs and\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17909,"url":"https:\/\/thepatientinvestor.com\/index.php\/2019\/02\/25\/asx-200-buoyant-but-banks-a-worry\/","url_meta":{"origin":18186,"position":2},"title":"ASX 200 buoyant but banks a worry","author":"Colin Twiggs","date":"February 25, 2019","format":false,"excerpt":"The Materials sector (18.5% of the ASX 200 index) continues its advance, buoyed by a temporary iron ore shortage and positive spin on US-China trade talks. The higher trough on Twiggs Money Flow below confirms buying pressure. ASX 200 Financials (31.4% of the main index) are testing resistance at 5900\/6000\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24411,"url":"https:\/\/thepatientinvestor.com\/index.php\/2021\/03\/06\/asx-hesitant-2\/","url_meta":{"origin":18186,"position":3},"title":"ASX hesitant","author":"Colin Twiggs","date":"March 6, 2021","format":false,"excerpt":"Bond ETFs continue to get hammered by rising long-term interest rates. A-REITs are retracing to test their new resistance level at 1400. Respect is likely, given rising long-term yields, and would confirm the target of 1200. The steepening yield curve, with widening net interest margins, is bullish for commercial banks.\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26046,"url":"https:\/\/thepatientinvestor.com\/index.php\/2021\/05\/29\/asx-bullish-banks-and-miners\/","url_meta":{"origin":18186,"position":4},"title":"ASX: Bullish banks and miners","author":"Colin Twiggs","date":"May 29, 2021","format":false,"excerpt":"The ASX 200 is testing resistance at 7200 after a bullish narrow consolidation. A Trend Index trough above zero indicates buying pressure. Upward breakout is likely and would signal a fresh advance. Financial Markets Bond ETFs continue to test resistance, suggesting that long-term interest rates are weakening. Inflation is muted\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24542,"url":"https:\/\/thepatientinvestor.com\/index.php\/2021\/03\/13\/asx-still-hesitant\/","url_meta":{"origin":18186,"position":5},"title":"ASX still hesitant","author":"Colin Twiggs","date":"March 13, 2021","format":false,"excerpt":"Bond ETFs found support this week as long-term interest rates weakened. A-REITs are testing their new resistance level at 1400. Respect is likely if long-term yields continue to recover, and would confirm a target of 1200. Financials retraced to test short-term support at 6000, largely as the result of a\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/18186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=18186"}],"version-history":[{"count":1,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/18186\/revisions"}],"predecessor-version":[{"id":18187,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/18186\/revisions\/18187"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=18186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=18186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=18186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}