Business
Rising bond yields give investors a chance to buy beaten tech stocks – The Australian Financial Review
Misplaced worries over inflation open the door for equity investors to take advantage of falling tech stock prices, according to UBS.
Worries about inflation are misplaced, according to Pieter Stoltz, head of equity strategy for UBS in Australia, and, combined with the fall for tech stocks, present a chance for investors to buy.
We think the risk of an inflation outbreak is low, Mr Stoltz said, pointing to the winding down of some of the government support measures, such as JobKeeper, which ends this month.
Without continuous fiscal stimulus I dont see how well get rampant inflation, he said.
The yield on the 10-year Australian…
-
Business15 hours agoThis ASX 200 healthcare stock crashed 14% to 4-year low. Here’s what happened
-
Business12 hours agoDicker Data rides the AI trend to double digit growth
-
Business19 hours agoThis leading broker thinks the CSL share price can climb 40%
-
Noosa News19 hours agoOld Translink app canned, and new version ‘worse than paper map from 2015’