High growth names were hosed today as inflationary concerns continue to ratchet higher. The ASX 200 index closed down 1.06%. - a podcast by ausbiz
from 2021-05-11T07:09:39
High growth names were hosed today as inflationary concerns continue to ratchet higher. The ASX 200 index closed down 1.06%. The steepest losses were in the IT sector, led by the buy-now-pay-later names. There were few winners for the session - even with big gains overnight in the iron ore price, the miners all finished lower.
Consumer staples were the exception to the rule. REITs also fared well due to continued M&A activity. Our top three VODs today are:
David's 'contrarian alarms' are ringing on iron ore but he's buying Afterpay
Dawes' daily dose of buy buy buy
Buy gaming, avoid aged care; how Heath Moss is playing Budget 2021
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