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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.
Published 5 years, 5 months ago
Description
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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