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Back in the cafe! Market is pricing in a Biden win. A lot more than a rate cut from the RBA.
This week's episode was recorded as votes were being counted in the US Presidential election, but markets seem to have already warmed to the prospects of a narrow Biden win. Tech stocks in particular seem poised to benefit from that outcome. Also discussed in this episode: the resilience of pent-up consumer demand in Australia, the RBA's messaging around rates and a bunch of listener questions.
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Published on 5 years, 1 month ago