Business
The one overlooked warning sign ASX investors should watch for in 2021
The pieces are in place for ASX stocks to keep rallying into 2021, but there’s one risk factor that’s been slowly creeping up on investors.
Before I delve into that, don’t call me a pessimist. If anything, I am expecting the new year to be good for the S&P/ASX 200 Index (Index:^AXJO).
Money is cheap and economic growth will be “forced” to rebound. I say forced because 2020 has set such a low bar that we can almost certainly bank on better growth rates in 2021.
Rising yields a red flag for 2021
While I am feeling upbeat, I have been watching the yield on the US 10-year government bond rising in the background.
I think this government bond (called Treasury) could derail the share market rally. For those who can remember the…
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