Two ASX recovery shares with room to run higher

It seemed too good to be true.

Just days after US President Joe Biden edged out former President Donald Trump in the November US elections, the world was greeted by multiple effective COVID-19 vaccine announcements.

Coupled with ongoing turbocharged quantitative easing (QE) programs from the world’s leading central banks, near-zero official interest rates, and trillions of dollars in government stimulus packages, the global economic recovery from the pandemic knockdown began in earnest.

Leading fund managers expect that recovery to continue apace, and they see more opportunities ahead for ASX recovery shares.

Andrew Clifford is the chief investment officer at Platinum Asset Management. According to Clifford (quoted by the