The Wrap: Budget 2021, BNPL, Online, Mining & Infrastructure
Weekly Broker Wrap: Budget 2021 broadly equity market friendly, BNPLs US eclipse, online moderating, Mining & Infrastructure run-up -Absence of fiscal (budget) repair may put upward pressure on interest rates -Average US BNPL company growing over 10% quarter-on-quarter -Mining & Infrastructure Services companies have 2-3 years to reach peak -Consensus Data revenue for mining services forecast to increase 17% by FY23 By Mark Story Budget: Good for growth and good for jobs Given that it includes ample near-term stimulus, no tax hikes and plenty of medium-term spending initiatives, Wilsons suspe...
Source: fnarena.com