Tech stocks are up 24 per cent this year – the likes of Amazon, Alphabet (Google’s parent) and Microsoft – have driven the market. The top end is Pushpay (+111 per cent), Fisher & Paykel Healthcare (+63 per cent), A2 Milk (+34 per cent) and Chorus (+30 per cent). Driven by money printingThe market’s recovery is in a large part driven by central bank money printing. Consider this: a million seconds is 12 days, a billion seconds is 31 years, a trillion seconds is 32,000 years. Meanwhile, renewables have done well, with wind, solar and clean tech shares up 20 per cent to 70 per cent.

Source: Stuff August 23, 2020 16:52 UTC