Home / Article / Why Coolabah is painting a rosy picture for 2021

Why Coolabah is painting a rosy picture for 2021

This is an article published on Livewire recently.

Ying Yi Ann Cheng, Portfolio Management Director at Coolabah Capital Investments, says the manager spent almost one billion dollars buying assets in March 2020 in anticipation of the fiscal and monetary policy stimulus packages that ultimately lead to a strong market recovery. At the time, many investors were rushing for the exits and forecasting six to 12 months of market pain to come.

And Coolabah’s Cheng is predicting big things for 2021 if the widely anticipated COVID vaccines deliver on their early promise.

“We think that economic growth will be very strong going into 2021 because we think vaccines will soon be widely distributed.”

Read the full article here.

More News

Christopher Joye Features On Livewire’s Rules Of Investing Podcast

No margin for error for risk junkies craving rate cuts...

Thrilling Second Place Finish for Alice Robinson at Giant Slalom World Cup Finals

Snow Sports NZ athlete Alice Robinson (Queenstown, 22) has finished in second place at the thrilling Giant Slalom World Cup finals held in Saalbach, Austria overnight...

Third Consecutive World Cup Podium Finish for the Unstoppable Alice Robinson

Snow Sports NZ athlete Alice Robinson (Queenstown, 22) has finished in second place at the FIS Giant Slalom World Cup held in Andorra overnight...

Alice Robinson continues podium streak with second place finish at Giant Slalom World Cup

Alice Robinson delivers gritty performance to claim second place finish at Giant Slalom World Cup...
Scroll to Top
Scroll to Top