Business
Why 2021 may be an even better year for ASX investors
The ASX share market is being dogged by worries of an imminent correction, but some experts believe the ASX is set to outpace its global peers in 2021.
Make no mistake, valuations of ASX shares are looking overstretched on several metrics after its rapid rebound since March.
The S&P/ASX 200 Index (Index:^AXJO) surged by nearly 50% since its COVID‐19 low and rocketed by a record breaking 10% in November alone!
The top large cap performers of 2020 include the Afterpay Ltd (ASX: APT) share price, Fortescue Metals Group Limited (ASX: FMG) share price and Xero Limited (ASX: XRO) share price.
Outlook for ASX shares brightens in 2021
Impressive as this sounds, the ASX 200 still hasn’t quite fully regained all its lost during the COVID…
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