Business
ASX rebounds for best day in two months as BHP, Rio hit record highs – The Australian Financial Review
The Australian sharemarket soared higher on Thursday, rebounding from a heavy loss in the previous session, as investors bet a big-spending Democrat-controlled…
While Democrats now have a majority in Congress, the margin is slim and the party could still face gridlock trying to legislate its agenda.
“Investors will now be dusting off the blue-wave playbook that many toyed with in the run-up to the election in November 2020,” said Mr O’Connor.
“Still, given that implementing legislation in many of the areas will still require 60 votes to pass in the Senate, it seems right to expect a ‘light blue’ version of the Democrat policy program, rather than the most…
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