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The COB from ausbiz
The Santa Claus rally rolls on with a 10-month high for the ASX200 today - up 1.2% to 6756.7.
Season 1, Ep. 159
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The Santa Claus rally rolls on with a 10-month high for the ASX200 today - up 1.2% to 6756.7. A strong lead in from Wall St thanks to the US Congress edging closer to a $1.2 trillion stimulus deal. The unemployment rate for November was better than expected at 6.8%, with the participation rate at 66.1%. And Treasurer, Josh Frydenberg, delivered the MYEFO with this year's budget deficit forecast down to $197.7 billion from the $213.7 billion forecast in the October budget. Our top three VODs today are:
Buy Woodside, avoid the A-REITs: The Credit Suisse guide to equity investing in 2021
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