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ASX to edge up, S&P 500 resets closing record – The Australian Financial Review

Australian shares are set to advance modestly as US stocks are set to end the first half of the year near record highs. $A eyes…

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Fundstrat Globals Tom Lee reiterates his bullish view on equities pointing to the VIX collapsing below 16 as well as a rally in high-yield bonds and the recent easing of the US 10-year yield.
I take this as a risk-on signal, and raising the probabilities…

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