Chanticleer
The surge in ASX valuations has puzzled market strategists. But the group has a new indicator that supports the move – and suggests it can keep running.
Macquarie’s local equity team has just made a seriously big U-turn.
Having been one of the loudest voices in the local market on the apparent disconnect between surging ASX share prices and the lack of strong earnings growth, strategist Matthew Brooks is ready to party like it’s 1999.
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Original URL: https://www.afr.com/chanticleer/macquarie-has-a-grand-new-market-theory-and-6-stocks-to-back-it-up-20250721-p5mgg7
