A red-hot outlook for mining stocks can drive anoverall 10 per cent return across the ASX in the year ahead, says star stock pickerJun Bei Liu. Despite the risk of higher interest rates, the Ten Cap co-foundertells TheAustralian’s The Money Puzzle podcast that “thetailwinds are in place” anddouble-digit returns are possible this year. “Wemight even surprise on the upside,” Liu says. She says a rebound in corporate earningsacross the local market will drive share prices higher, but the hottest sectorwill be mining, where AI-based technology demand coupled with a boom in thegold price is set to ignite investment activity.
