After 2019’s result which surprised most pundits the likes of CBA, which delivers strong fully franked yield to Australian investors, quickly popped 7% before treading water for months i.e. it enjoyed a sustainable relief rally. However this year we aren’t hearing (yet) of any new policies that are likely to have such an obvious dramatic impact on equities hence we need to consider less obvious potential impacts on local stocks.
MM remains short-term bullish CBA
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