Between the Bells
Between the Bells
Bell Direct
Weekly Wrap 6 November
4 minutes Posted Nov 6, 2020 at 12:00 am.
Global markets rallied this week as the U.S. election result edges closer. Following border re-openings, local equities rallied 3.6% (Mon-Thu), almost erasing last week's losses. Plus with record low interest rates and bond-buying, it seems bullish sentiment is in the air...In this week’s wrap, Jessica covers:
Sectors: Real Estate gaining 8% supported by interest rate cuts
Stocks in the spotlight: Flight Centre (ASX:FLT) and Inghams (ASX:ING)
Opportunities in the Travel sector as borders re-open
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Global markets rallied this week as the U.S. election result edges closer. Following border re-openings, local equities rallied 3.6% (Mon-Thu), almost erasing last week's losses. Plus with record low interest rates and bond-buying, it seems bullish sentiment is in the air...In this week’s wrap, Jessica covers:(0:37) Sectors: Real Estate gaining 8% supported by interest rate cuts(0:57) Stocks in the spotlight: Flight Centre (ASX:FLT) and Inghams (ASX:ING)(1:34) Opportunities in the Travel sector as borders re-open(2:47) What the RBA's rate cut and bond purchasing means