Market experts say ASX will rebound in 2021, thanks to COVID-19 vaccines

  • 📰 abcnews
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 83%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Hindsight is 20/20 and there were plenty of 'missed opportunities' during the COVID-19 pandemic. But market experts say banks, energy and travel stocks are expected to recover this year.

ABC News spoke with several market analysts about their thoughts on where the Australian market is headed.

"I think the environment we're coming into is the one where cyclical stocks will be the star performers — banks, industrials, mining companies, energy companies. "I think shares exposed to the Australian housing market will do well, including Australian Finance Group and Liberty Finance. "Central bank debasement will remain a continued theme, and if the US dollar continues to trend weaker then it limits global central banks to do anything other than stay in lock-step with the Federal Reserve," he said."With dividend income improving, banks should work fairly well in 2021 and should offer benchmark returns.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Now How you have a vaccine trials, the only way the vaccine works if you give it to the sick people, obviously you not giving the sick, they still dying, so the vaccine doesn’t work, you people got busted, Covid19 is a scam. SCAM Covidiotas Constitution a complete fake news

'Market experts' who never foresee any crisis. They are expert at staring at the past to project the future, which is as dumb as an economist.

I would short sell

It already did - anyone who can read technical charts / has a brain, can see that. Total bullshit article

You know that much of the government stimulus around the world has primarily benefited big business when you see the stock market doing well as everyone else suffers. auspol

Bounce back ? How much higher for no reason could it be?

It priced in the US election result, but I'm still hopeful it is yet to see a large dip with lots of dole bludgers having less money, less getting spent at JB Hifi etc, zero confidence. Here's to a nice valley in feb!

Employees set to work at home post Cov19 means , private road transportation will be modest. Tourism will boom late 2021. Cargo transport sectors are set to explode given asset tax incentives. Just born BNPL set to replace s credit cards globally. AI tech booms after 2021.

🤨

Ermm... it’s been at all time highs for a while pretty much. Weirdo headline writers.

It has already rebounded. Market experts have ignored all deferred loan repayments and bankruptcy protections that will eventually have to be addressed again.

Yes well we’ve got to get them first...

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

COVID-19 inquiry finds 'important clues' linking pandemic to Wuhan seafood market | Sky News AustraliaTop scientists probing the origins of COVID-19 say they have found “important clues” about the role of a Wuhan seafood market in the coronavirus outbreak. \n\nA team of 14 experts are wrapping up their investigation and will depart China later this week and release their findings before Thursday. \n\nThe novel coronavirus which is similar to a disease found in bats has travelled 170,000 kilometers around the globe and killed more than two million people. \n\nInvestigators are attempting to determine where it came from and how it was allowed to spread. \n Let the propaganda begin FK the CCP. No one buys these lies 'top scientists' 🤣🤣🤣
Source: SkyNewsAust - 🏆 7. / 78 Read more »