What a day! The ASX 200 closed up 1.6%, pushing aside concerns that Democrat-controlled US Senate and chaos in Washington would be a negative for equities.

What a day! The ASX 200 closed up 1.6%, pushing aside concerns that Democrat-controlled US Senate and chaos in Washington would be a negative for equities. The benefits of stimulus clearly overrode fears about higher corporate taxes and tighter regulation. Energy and materials up over 4% and Rio Tinto climbed 9%. Healthcare, tech and REITs finished in the red. Catch our interview with former PM, Malcolm Turnbull, in which he says those who enabled Trump, such as the Murdoch media, should be held to account. He also criticises Scott Morrison's 'back-slapping' approach to relations with America. Our other top VODs today are:Here's an investable idea not worth wasting!IAG is no value play - head for the materials space instead Hosted on Acast. See acast.com/privacy for more information.

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What a day! The ASX 200 closed up 1.6%, pushing aside concerns that Democrat-controlled US Senate and chaos in Washington would be a negative for equities. The benefits of stimulus clearly overrode fears about higher corporate taxes and tighter regulation. Energy and materials up over 4% and Rio Tinto climbed 9%. Healthcare, tech and REITs finished in the red. Catch our interview with former PM, Malcolm Turnbull, in which he says those who enabled Trump, such as the Murdoch media, should be held to account. He also criticises Scott Morrison's 'back-slapping' approach to relations with America. Our other top VODs today are:Here's an investable idea not worth wasting!IAG is no value play - head for the materials space instead Hosted on Acast. See acast.com/privacy for more information.

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This episode was published on January 7, 2021.

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