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Sharemarket ‘melt up’ to hit pause as profits drop

UBS says earnings for the ASX 200 will fall for a second financial year as mining and energy results tumble. A softer economy ...
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Macquarie backs Harvey Norman, Coles and Bega Cheese as consumer stocks turn expensive

The S&P/ASX 200 Discretionary Index has gained 6.6% year-to-date driven by multiple expansion, but Macquarie warns share ...