Business
Macquarie says vaccine changes everything, and nothing – The Australian Financial Review
Macquarie suggests unless the vaccine’s side effects include structural inflation, then the rotation into value stocks may prove short term.
Australian 10-year government bond yields traded at 1 per cent on Wednesday afternoon for the first time since September 8.
As longer-dated, risk-free yields rise, the equivalent future cash flow growth projections of tech businesses become less attractive to investors given the risks the cash flows miss expectations.
According to Macquarie, a viable vaccine to contain COVID-19 will be widely available across developed economies by the middle of 2021 to power a rebound in earnings as companies cycle…
-
Noosa News19 hours agoHeavy horsemen keep farming traditions alive
-
General12 hours agoCollingwood cult hero Mason Cox not offered new contract for 2026 AFL season
-
Noosa News16 hours agoSevere thunderstorms, damaging winds and large hail forecast for Saturday evening
-
Noosa News20 hours agoSouth East Queensland on alert as ‘right mix of ingredients’ could trigger severe storm outbreak