Business
ASX up; energy stocks jump as oil nears 9-month high – The Australian Financial Review
The sharemaket has held early gains; vaccine trial results from AstraZeneca have driven another lift in oil prices as the recovery trajectory for travel and transport…
Sceptics of the Australian investment community, rejoice!
There is now evidence that the local tech stocks or local “stonks”, to use the affectionate term for what many see as these overhyped darlings youve criticised for so long actually are driven more by more momentum than valuation.
Thats one of the conclusions from a fascinating piece of research by the technology team at UBS, led by Josh Kannourakis, which attempts to explain the qualitative and quantitative factors that have driven Australias…
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