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A nasty start to the week, with our local market playing follow the leader after Wall Street tumbled Friday on the back of hawkish Fed commentary. CBA back below $100 but technology is holding up well (despite the prospect of rising rates) and forcing the conversation on a couple of popular names. Not much on the agenda this week on the corporate or economic fronts as we close in on the end of the financial year.
CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST.
A nasty start to the week, with our local market playing follow the leader after Wall Street tumbled Friday on the back of hawkish Fed commentary. CBA back below $100 but technology is holding up well (despite the prospect of rising rates) and forcing the conversation on a couple of popular names. Not much on the agenda this week on the corporate or economic fronts as we close in on the end of the financial year.
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