Buy Australian domestic demand stocks?

Via Bloomie:

An Australian equities fund manager is wagering that stocks linked to the domestic economy will become the biggest winners as coronavirus measures ease.

Firms tied to the country’s economic health should rebound quickly as restrictions unwind and consumption increases, said Jelena Stevanovic, portfolio manager at Platypus Asset Management Ltd. Australia is in a strong position, even as it heads toward its first recession in almost three decades, she added. The International Monetary Fund on Wednesday improved its forecast for Australia, while downgrading the outlook for the world economy.

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