Chanticleer
Beware Donald Trump’s threat to insurers, including in Australia
Australia’s insurers are red-hot with investors. They are finally delivering. But keep an eye on Canberra, as Donald Trump reminded us overnight.
The great Australian financial services melt-up shows no signs of stopping.
We love banging on about Commonwealth Bank’s record share price, but Macquarie Group is also there, National Australia Bank is close and the insurers are not far behind. There is exuberance on the streets.
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