US stock indices have left the ASX in their wake since COVID raised its ugly head in 2020, they’ve enjoyed a significant weighting to Big Tech which has surged in the “new world”. However with bond yields looking set to rally MM believes that the likes of Banks & Resources will outperform into Christmas which should drop down into the local market playing some relative catch up on the S&P500 and NASDAQ.
MM believes the ASX200 index will outperform its US peers over the next 6-12 months
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