ASX shares to rally 6% this year says Betashares chief economist

An economist has revealed some figures that are food for thought for retail investors trying to figure out whether ASX shares are in a bubble.

Predictions for 2021 have been polarised, to say the least.

Many experts are optimistic, citing near-zero interest rates, COVID-19 government support and coronavirus vaccines to charge up the economy.

“I think in 2021 we will see our equity market deliver at least 10% return,” said Tribeca Investment Partners portfolio manager Jun Bei Liu last month at a GSFM briefing.

“A big part of that will be dividends – however, we should see some of the best growth yet.”

Commonwealth Bank of Australia (ASX: CBA) chief economist Stephen Halmarick at the end of December said that Australia had…